Tuesday, November 5, 2019

50 Latin Phrases You Should Know

50 Latin Phrases You Should Know 50 Latin Phrases You Should Know 50 Latin Phrases You Should Know By Mark Nichol Latin expressions are often adopted into English, often with an extended or figurative meaning. Here are fifty of the most common phrases, followed by their literal translation in Latin and the meaning in English (omitted when the meaning follows the literal translation). 1. a posteriori (from the latter): based on experience 2. a priori (from the earlier): independent of experience 3. ad hoc (for this): said of something created or formed for a special case 4. ad infinitum (to infinity): something that keeps going forever 5. alea jacta est (the die is cast): said when a plot is set into motion 6. ars longa, vita brevis (art is long, life is short) 7. casus belli: (cause of war): where the blame lies 8. caveat emptor (let the buyer beware): a reference to the principle that a customer is responsible for making sure that a product is in good working order 9. compos mentis (of healthy mind): sane 10. ex cathedra (from the chair): with the full authority of office (often used in reference to the Catholic pope’s infallibility, but also employed in other contexts) 11. ex post facto (after the fact): realized with hindsight 12. de facto (from fact): something that happens in practice but is not necessarily established by law 13. de jure (from law): the contrary of de facto; something established by law 14. dies irae (day of judgment) 15. dramatis personae (persons of the drama): refers to a list of actors, or to the principal participants of an event or in a group 16. genius loci (guardian spirit): the character of a place 17. honoris causa (for the sake of the honor): an honorary degree 18. horribile dictu (horrible to say) 19. in extremis (in the farthest reaches): in a difficult situation, or at the point of death 20. in flagrante delicto (in the burning crime): caught in the act 21. in medias res (into the middle of things): in the midst of action (said of the opening of a story or account) 22. in situ (in that place): in its original place 23. in toto (as a whole) 24. ipso facto (by the very fact): because of that fact 25. inter alia (among other things) 26. mea culpa (I am responsible): forgive me 27. memento mori (remember that you must die): a reminder of mortality 28. mens sana in corpore sano (a healthy mind in a healthy body) 29. mirabile dictu (amazing to say) 30. modus operandi (method of operating): way of working (also MO) 31. ne plus ultra (none more beyond): without equal, the greatest degree 32. non sequitur (it does not follow): said of something that does not logically relate to what came before 33. nota bene (note well): take note (also NB) 34. o tempora o mores (oh, the times, oh, the morals): said in criticism of behavior 35. omnia vincit amor (love conquers all) 36. panem et circenses (bread and circuses): said of things offered to the masses to distract them from what they should attend to for their own benefit 37. per se (by itself) 38. post hoc ergo propter hoc (after this, therefore because of this): effect follows cause 39. prima facie (at first look): based on the first impression, or accepted as correct until proved otherwise 40. primus inter pares (first among equals) 41. pro forma (for form): for the sake of appearances or form 42. quid pro quo (this for that): something given in exchange for something else (hence quid, the nickname for the pound in UK currency) 43. quis custodiet ipsos custodes (who watches the watchers?): who shall protect us against those who (supposedly) protect us? 44. sic transit gloria mundi (thus passes the glory of the world): fame is fleeting in this world 45. sine qua non (without which thing . . . not): said of something indispensable 46. sub rosa (under the rose): happening or done in secret 47. sui generis (in its own class): unique 48. tabula rasa (scraped tablet): blank slate (the concept of the human mind before it receives impressions from experience) 49. tempus fugit (time flies) 50. terra firma (solid ground): often used figuratively to refer to certainty 51. vox populi (voice of the people) Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:Compared "to" or Compared "with"?Acronym vs. InitialismRite, Write, Right, Wright

Sunday, November 3, 2019

Society's Unhealthy Obsession with Thinness Essay

Society's Unhealthy Obsession with Thinness - Essay Example Before the malady had been studied clinically, people thought that this starving was something religious and some girls would fast for days and weeks at end only to end up either highly ill or dead. Now that we understand the act, it is important to understand the scene. The scene according to Burke is "the background of the act, the situation in which it occurred." We might never know for sure why girls in 18th centuries would starve themselves because there is nothing in the article on the actual reasons for developing anorexia in those days. But in today's society we know for a fact that obsession with thinness is the cause of this problem. With media showing unreal images of thin beauties, many young girls starve themselves to lose weight, both real and imaginary. Doctors have found that these girls do not lack appetite, but simply have "a deathly fear of getting fat". Agent in this case is the girl who is so badly trying to lose weight that she makes herself sick. This girl would usually be a young person, highly impressionable and with a morbid fear of putting on weight. This would be a girl who "wouldn't lick stamps because she was terrified of possible calories". She would still exercise herself to sickness because she simply cannot fathom the problem with her. A young girl with an obsessive desire to lose weight and stay thin is very likely to develop anorexia nervosa. The most detailed part of this article would fall in the area of â€Å"agency†. According to Burke, agency is â€Å"the means or instruments used†. The author has done a good job in explaining how the agent would lose weight. There are more than one ways in which girls suffering from anorexia would keep their weight below the healthy line. Purging is the main instrument. Girls would throw up whatever they ate to at once having the feeling of fullness from eating and the satisfaction of not consuming any calories from the food. There can be other similar habits such as "mixing vinegar in her drinks or lavishing mustard on lettuce salad." Another method is lingering on the food for a very long time, "Anorexics linger over food, drawing out the meal, as people do during times of famine. Prisoners of war had elaborate strategies to make one slice of bread last an hour." The article shows many ways in which we can detect eating disorders in young people around us. It tells p arents to look for warning signs like excessive exercise, little or no food consumption, lingering over food, vomiting, paler complexion and using some specific ingredients like vinegar excessively in their food or liquids. The last is the purpose which according to Burke is the intention for committing the act. If a person is starving herself to death or illness, what possibly could be the purpose As we have already mentioned, the purpose is to lose weight. But this is only partially true because there are many women who would lose weight but not suffer from anorexia. The people suffering from this malady have two purposes a) to lose weight which can often be imaginary, and b) to be accepted by others especially those they idealize. This purpose makes them do weird things to their body and this can lead to serious

Thursday, October 31, 2019

Analysis of the 6th Chapter of The Aesthetics of the Natural Essay

Analysis of the 6th Chapter of The Aesthetics of the Natural Environments - Essay Example Appreciating landscapes may involve purely sensory layers such as sight, sound and smell. Rely do this layers exist alone. Whenever we look at a landscape we seek out formal relationships which include conceptualizing and recognizing and adding context and background including many more. Metaphysical imagination is a concept used to explain the aspects of nature for which there are no clear concepts and exact words to use. This in essence means that landscapes reveal and conceal much more beauty than what we see, meaning it has much more to offer. The aesthetic experience of nature includes a diverse range of components from the basic ones like rocks and stones, to the bigger components which ultimately is the world as whole. This chapter aims at clarifying five principal components that deal with landscape and metaphysics namely; 1) Brings out the concept of metaphysical imagination and its relation to aesthetic experience of nature Metaphysical imagination essentially relates to ho w we interpret a scene in nature in relation to the whole world experience .It fuses present experience from landscapes and sensory components, but not mediation that a landscape arouses. Nature presents itself more for sustainability than for enjoyment. Hepburn argues that we should experience nature as it is rather than how we want to perceive it. According to him we respond to features to which nature presents. The author differentiates between human attitudes and appreciation towards art and towards appreciation of the aesthetic value of nature. Artists have a tendency of including technological advancements to their work, even the ones that deal with nature and we appreciate it. However when we interfere with nature using technology we tend to appreciate it less, compared to if less invasion of technology. He therefore argues that the way we appreciate nature is the way we should appreciate the beauty of art. 2) The author argues that philosophers sometimes undervalue metaphysi cal imagination. This he argues happens because of several reasons, one of them being the fact that they want to maintain how they engage aesthetically with nature free from expenses which lack rational support for example religious experiences, which cannot be determined and whose description fails on distinct reference. Philosophers who undervalue metaphysical imagination do not want metaphysics to be used in experiencing metaphysics. The other reason why metaphysical imagination can be undervalued is because the experiences derived from landscapes can only be eluded by the person who experienced them. He encourages recognition of the endless variety of aesthetic experiences for example if pantheists or atheist view is replaced by metaphysics view, then metaphysical ideologies such as materialism will increase. On the other hand scientific evidence should not surplus all other aesthetic appreciation of nature. Science cannot oust metaphysics. This is despite the fact that metaphys ics mainly works on speculative and incomplete evidence. Science on the other hand works with evidence; hence it ends up looking at the world selectively and therefore ends up eliminating human concerns, which form part of nature. Human perspective in appreciating of aesthetic component of nature cannot be downplayed. Science or any other method alone cannot be used to value metaphysical imagination. 3) On the other hand we tend to over value or exaggerate metaphysical

Tuesday, October 29, 2019

Chartered Portfolio Manager- Week 8 Discussion Post and Student Essay

Chartered Portfolio Manager- Week 8 Discussion Post and Student Responses - Essay Example This is to help standardize the type and content of messages posted by financial firms on social media and to eliminate fraudulent content (Flynn, 2012). Among the rules to be followed include ensuring that there is explanation of how a firm is using social media to advertise, ensuring that there is a record of all communication on social media, and ensuring that a firm is accountable for all messages posted on social media by their employees (Bahadur et al., 2012). After highlighting the importance of social media to individuals and firms, Roland should also add the limits that should be in place to ensure safe and efficient advertising of financial firms. I agree to the rest of the post where Roland analyses the advantages and functions of FINRA to businesses and their clients but I think that he should consider adding the risks of financial advisors to firms. When Kyrette explains what social media advertising is all about, he should also consider stating the risks associated with financial advisors. In addition to this, he should also consider adding information on what FINRA stands for, and its functions in advertising when he gives advantages of social media to professionals. Although Sherard’s gives a clear discussion on who financial advisors are and their main functions in a financial firm, Sherard should consider adding the rules and regulations put in place by FINRA. After highlighting the advantages and disadvantages of financial advertisers to firms, Sherard should give an opinion whether he recommends financial advisors to firms or

Sunday, October 27, 2019

Effects of health and education on income distribution in Malaysia

Effects of health and education on income distribution in Malaysia 1.0 CHAPTER 1 THE EFFECT OF HEALTH AND EDUCATION ON INCOME DISTRIBUTION AND POVERTY IN MALAYSIA. Background Of study Health and education is the two important components of human capital. This becomes the most important needs to Malaysian people because health and education have a strong relationship between the income distribution and the level of poverty in Malaysia. Besides that, the health status and educational level are use in measured the level of income and the level of poverty in a country. Problem Statement The specific problem statement of this study is shown below: There is a strong relationship between health status and education level on the income distribution and poverty in Malaysia. There is a gap of the income distribution between the educated and healthy people with the low-income and unhealthy people in Malaysia. Income inequality and poverty is not satisfactory in Malaysia. Research Objective To identify the relationship of health and education on income level and poverty in Malaysia. To determine whether education level gives impact on income level and poverty in Malaysia. To identify the factors of poverty in Malaysia. Scope and limitation of the study This study was focus on identifying and investigates whether health and education affect the income level and poverty in Malaysia. To examine and determine this relationship, it is important to measure the significant of each of the variables related to this study. Other than that, this study will cover and use the data from 2005 until 2009 in Malaysian country. The data areas are the real per capita gross domestic product (GDP), public spending on expenditure (percent of GDP), total enrolment in primary school and life expectancy of birth. The data are obtained from Department of statistics Malaysia and World Development Indicators (World Bank). significance of the problem This paper is important to the economic development in Malaysia as this study will help the government to identify and determine the important area that need to be improved in order to reduce income inequality and solve poverty. Other than that, this paper also can help the Malaysian communities to improve themselves by showing them the important of higher education level which is the important factors contribute to higher income level. Chapter outline In chapter 1, we will discuss about the introduction of this study. We will know a little bit about the important of health and education. After conducting this study, we will determine the problem and after that we can develop the objectives of this study. Lastly, we can determine the scope and limitation while conducting this study. Chapter 2 discuss about the relevant literature review. We explained the variable in this chapter which are the health, educational level, income inequalities and poverty. The conceptual framework also included to explain the relationship between the independent variables and dependent variables. Chapter 3 explain about the data and methodology. This refers to the data used, the population and sampling methods that was very important to this study. From the data that we find, we can analyze the data and make a hypothesis. After that we can test the data. 2.0 CHAPTER 2 2.1 Introduction As we looking at the present condition in our country, we can see that there is a strong relationship between the health and education level with Malaysian communities income distribution and poverty. This can be simplified as, there is a gap between the income distribution of the educated and healthy people with the poor and unhealthy people in Malaysia. This problem caused by some factors or variables that contribute to the income inequalities and poverty. Because of that, the government and the communities itself should identify and determine any areas that should be improved and find some suggestion to solve or reduce this problem. So that, we clearly see that the best way to reduce and improve this situation is to improve the health and education status in Malaysia as this is the common factors in determining the income level and poverty level in one place. After do some reading and find some literature review related to this situation, this study presents the investigation of t he effect of the two important components in human needs which are the health and education on the income distribution and poverty in Malaysia. 2.0 Theoretical Framework Health Status Education level DEPENDENT VARIABLE -Income inequality -Poverty Level of Savings 2.3 Literature Review There is an effect of health and education on income distributions and poverty in many areas in this world. This can be explained through some relevant literature review. Other than health and education level, the level of savings also categorized as the main factors affecting the income distribution and poverty. The problem of the income inequality and poverty is affected by health and education has investigated. According to Bakhtiari and Meisami (2009), the level of education, level of income, savings and health status can affect the income inequality and poverty. The higher educated people have more opportunities to earn more money or income. Other than that, the more literate people tend to have high awareness with their health and seeking medical when they ill. The finding of this paper is boosting the health and education status in Islamic countries will reduce the income inequality and poverty in Islamic countries. This paper also stated that Practical implications show that this empirical examination can help the Islamic countries government to identify any areas that should be improved in order to reduce the income inequality and alleviate poverty. Furthermore, this strategies help government to identify areas that should be improved upon in order to reduce income inequality and red uce poverty line. To explain the facts that there are some important determinants of poverty and income distribution in developing countries, Dao M.Q (2007), use a sample of 40 developing countries in the world, it was found that some of the population below the poverty line is linearly depends on the human capital such as health, nutrition, and formal education. All of this is the components of improvements in the development of one country. This means that this human capital reduce income inequalities and poverty. After that, they also use 35 developing countries to measure and it was found that income inequality linearly affected by the same explanatory variables but other than that, the infant mortality rate and the primary school completion rate also affect poverty and income level. Bastos et.al (2010), Research has been done to the children in Portugal to investigate the profile of income-poor children and the results obtained states that 25 percent of them are at risk of poverty. They are from the low income families and this will influence the culture on their eating habits. This contributes to the facts that the people from the lower socio-economic groups do not eat healthily. Mackereth C.J et.al also do some research on the culture of eating for the low income families and it also found the same results as Bastos et.al where they are not eat healthily and eating whatever available in front rather than cooking the healthy food. It is because they dont have enough resources and lack of time. The relationship between socioeconomic deprivation and health status also has been identified by Drakopoulos S.A et.al (2010). The result shows that the socioeconomic deprivation of child has negative effects on our health especially on our working stage. Our psychological health will decrease slowly because of this deprivation. Another results found from Habibov N.N (2010) regarding the low-income transitional countries and this also prove that health status and education level can influence the self-perceived social stratification in the multi-country like Armenia, Azerbaijan, and Georgia. It is stated that the most affordable variables in increasing the income level of the low-income transitional countries are health status and education because this is the factors of growing the effectiveness of one country and improve the level of low-income people. In his research, Adjaye, J.A (2004), examine whether the income inequality affect health. The relationship between these two variables has become the major problem in our daily life nowadays. The result shows that the people that have low-income profiles are more likely to fall sick because they dont have enough resources to pay for the treatment and medicine. Other than that, it also found that the people from rich family can live longer than the poor family people. This can be simply stated that the higher income level we have the higher level of health we are. To prove that educational can improve the peoples income inequality, Ning, G (2010) do some investigation in China. It was found that, expand more in educational will help us to reduce the phenomena of income inequality. Other than that, one of the ways to solve the problem of poverty is to do more investment in education because this will gives high return in future. Lanaskoronskis, M. et.al (2009) found in their investigation that Reflection of higher education will contribute to the high competitiveness of a country. Competitiveness refers to the skill people, goods and services we have, or ideas can be accepted locally and international. On the other words, higher education becomes the most important areas that contribute to increase competitiveness. The common factors that contribute to the poverty can be explained through the paper of Wang, X. et al (2009) where they found that the poverty line in China are due to the lack of education that automatically causing the unemployment that will make them cannot gain enough resources to buy food. Thats why China government conduct some surveys to investigate this problem and they also found that the profile of the low-income people is unhealthy because of the lack of consumption of nutritional food in their country. Education is the humans resource to apply job and opportunities in one country. This is because education is the main source of a company, manager and employers to measure their level of income. Education is a human capital investment that gives a long-term sustainable development for them. In Benjamin, S.J et.al (2011), it was found that household income is use to measure the Malaysian people ability to enter at any higher education institution. Lack of the resources will contribute to the lack of knowledgement. Besides that the parents will face the possibility to pay the high fees for their children. This is because before this they dont take more attention on their level of education. They cannot apply a good job and after that their income is not enough to support the needs of education for their children. 3.0 CHAPTER 3 3.1 The data and methodology that we used in this study is unit root test and the Ordinary least squares (OLS) to represent the effects of health and education on income distribution and poverty. Besides that this will shows whether there is a relationship between the dependent variables and independent variables. 3.2 Data, population and sampling methods. In this paper, the data was covering the time series data from year 2005 to 2009 that is 5 years. For the population, this paper focuses on the people of 14 states in Malaysia.

Friday, October 25, 2019

not a real paper :: essays research papers

I'm just trying to join this site. Sorry I don't actually have a paper to donate. If I had the time to do it I would find a paper to give. But I don't. Maybe later. Printing overview When you create a document or enter data into a spreadsheet, you may want to see what your work looks like in print. To do this, you must install a printer. The printer might be attached directly to your computer, or it may be a shared network printer located in a common copy room. Once installed, the printer will be listed in the Printers folder as well as in the Print dialog box of the program you are using. A variety of settings and print options are available once the printer is installed on your computer. For example, you can share your printer with another user or set up a separator page so you can easily identify your document among other documents. You can also change options that specifically affect how a document is printed. For example, you can change the page layout from portrait to landscape or you can change the number of copies that are printed. For more overview information and a list of common tasks, see Related Topics. To print a document Open the document you want to print. On the File menu of the program you are using, click Print. Notes In the Print dialog box you can see the number of documents waiting to print on any printer installed on your computer by right-clicking the printer in Select Printer and then clicking Open. If you are logged on to a Windows 2000 domain running Active Directory, you can click Find Printer to search for a printer on the network with the capabilities you want, such as high-speed or color printing. For more information on searching for a printer, see Related Topics. To store a document as a file rather than sending it to the printer, click the Print to file check box in the Print dialog box. For easy access to your printer, you can create a shortcut to it on the desktop.

Thursday, October 24, 2019

Formula One Constructors -Strategic Management

In this paper i will analyse and evaluate competetivenes of Formula one Motorsport industry and its dynamic characterictisc influenced by external and internal factors to critically understand and explore strategic management thoery of sustained competetive advantege and its significant importance in order of carrier succes of any Formula one constructors .I will try to clerly identify external and internal issues and changes , affecting (facing ) development of sustainable competetive advantage within formula One Teams , by presenting and demonstrating appropierate strategic management frameworks and approches . F1 industry its one of the most competetive and dynamic popular motorsport and specialist business worth E 350 billion to E400 billion(A. T Kearney Zygband et, 2011) ,within which many teams , effectivelly compete with each other in designing and constructing bolids prototypes to achieve succes and survival and competetive advantege agaisnt other rivals .There is significat questions frustrating F1 constructors since decades , regarding to how most effeectively and efficientyly achieve competetive advantege for thier teams to outperform and step ahead of other competitors in industry and how to achieve sustainable competetive advantege for dominance in numbers of seasons . This essay will be devided on four part in which first part will give brief overview about Formula one Industry, then i will demonstrate theories related to sustiable comepetetive advantege with reflection to achievement of the success in the Formula One motorsport .In the Next part of this paper i will critically eveluate generic model and strategic capabilities based on resource based view and knowledge based view of the startegy which requires constant reference to the resources and knowledge of competitors to achieve competitve advantege . In this section i will focus on the Williams ‘s team during thier dominance and technological reveloution in mid of 1990, where also i w ill provide my own point of view of why they didnet keep thier dominance and what they could do better at this time to sustain thier sucess futher .This is industry is strongly competetive and is perceived as very dynamic and very difficult to sustain at the leading position for numbers of season which is proved by the fact that since the start of of the World Championship (1950) only two F1 constructors won the Chapionship consecuitevely more than four times MClaren(1988-1291) and Ferrari (1999-2004). In the end i will write my opinion of which team has created the best source of the competetive advantege and also finally i will draw conclusion based on my analysys and my findings obtained throughout analysing of this case .Formula one Motorsport became one of the most popular and technologicaly innovative motorsport and sport TV event around the world which enjoyed the third highest audience in the world staright after Olimopics and World cup soocer . Unfortunately being fromula O ne constructor requires to generate sponsor revenues through increasignly sophiticated marketing strategies and also need to design , develop manufacture and race open wheel signle seat racecar.This is extremly expensive and requires huge amount of funds from sponsors and stakholders which are essentila to create competetive advantage againts key marekt competitors by implemeting new revolutionary technology innovation into their bolids sucha as the most powerful and reilable engines with innovative design of the chasis with all aerodymanims . in 2008 the top 3 teams were Ferrari , Mclaren and Williams cvbvd ciag dalszy ,. t is not only an season motorsport event its a strong and competetive individual industry within which F1 constructors are business organisations competing with each other for the survival and the success in the every single F1 season . its seen to to be very simply enough to achieve sustained competetive advantege and succeed in in this indystry while having the best car ,the best driver , the best supporting team and all supported by finanse from sposnsors.Unfortunaterly it does not so simple as not many F1 constructor up to date were not able to manage and linked all available all stretegic capabilieties based on resources and competence to work effectively together to achieve sustained competetive advantege in long term . such as 3 or 4 year or more . Todays strongly competetive and dynamic business environmnet requires from all organsiation and companies to seek developments of their susiable competetive advantege which enables then to stay attractive and innovative for the market and survive in competiton with their competitors .According to Alderson (1965) firms should strive for unique characteristics in order to distinguish themselves from competitors in the eyes of the consumer for a long period of time that is, sustainable competitive advantage. Sustainable competitive advantage is the ability to offer superior customer value on a n enduring or consistent basis, a situation in which competitors are unable to easily imitate the firm? capacity for value creation (Collis and Montgomery, 1995). According to Barney (1991), sustainable competitive advantage arises when the firm? s resources are valuable and the resources help the firm create valuable products and services, they are rare and competitors can not get acces to them, inimitable competitors cannot easily replicate them and appropriate when the firm owns them and can exploit them . .36 KCA JOURNAL OF BUSINESS MANAGEMENT: VOL. , ISSUE 1 (2009). The competetive advantege of an organisation such as Formula One construcotors is likely to be based on strategivc capabilities that are valuable and contribute to its long -term survival or competetive advantage . There are two main components of strategic capabilities resources and competence(ksiazka kopiowana)Resources are the asstes that organisation have or can call upon and competence are the ways those assets are used or deployed effectively.In this case of formula one constructores resouresec are machinces ,patents ,computer systems , managers , engenires and deisgners as resources are all assets controlled and possessed by the firm (Barney, 1991) and competences are productivity ,organisational values, managerial competencies, organisational structure, process and technology ,knowldege flexibility and experance ,skills as a core competencies according to Prahalad and Hamel (1990) and which are the collective knowledge about how to coordinate the business.Unfortynately efficiency and effectiveness of physical resources or financial resources or the people in F1 team depend not just on their existence by on the system and processes by which they are managed ,its depend of reletaioshiops and cooperation of the people in the team thier adaptability, thier innovatory capicity and and thier experciance and learnbing about what works well what does not which and develop core competencies wit hin the firm or team .Core competences are crucial as they linked set of skills ,activities and recourses that togehter deliver value,differentiate business from its competitors . To core competences of teams competing in F1 we may include effective communication between the constructors and the driver, ability to negotiate sponsorships, leadership and motivating abilities of CEOs, efficient use of the budget and royalties, skills, knowledge and experience of the team as a whole. According to Teece (Teece, et al. 1997) firm’s capabilities necessary for effective operations ill not support company’s superior performance. Strategic capabilities of the firm or in this case F1 costructors team can not be static they need to dynamic and change ,renew and recreate to meet the needs of the changing environmnet where Formula one Industry is most technologically developed and competretive motorsprort industry . Dynamic capabilities confirms that in order to remain competitive c ompany must possess the competence to renew and adjust their strategic capabilities to operate effectively and efficiently in changing environment.As It is significant for F1 team to work on design and development of both engine and car chassis on everyday changing basis, to maintained existing but also retain new sponsors which are crucial for any F1 team , to continuingly motivate and also recruit the new talents. These knowledge resources and capabilities, resulting from learning processes implies an improvement in response capacity through a broader understanding of the dynamic and competetive environment (Dodgson, 1993; Sinkula, 1994).The organizational learning process such as in F1constructors Team helps tem to discover why problems are seen in a one dimensional frame work posing questions of the current systems and challenging paradoxes as they occur (Murray and Donegan, 2003) . [†¦ ] We believe that the careful study of how capabilities and competition mutually influen ce each other could be one of the next great opportunities for the field of strategy research. †Henderson and Mitchell, introduction to the ‘Summer 1997 Special Issue: Organization and Competitive Interactions’ of the Strategic Management Journal. The issue of firm performance and what startegic approch they should select to achieve sutainale competetive advantege has been disccuesed for decades and encompasses most other questions that have been raised in the field, as for instance, why firms differ, how they behave, how they choose strategies and how they are managed (Porter,1991) (Ansoff, 1976). n this case there are two different startegic approches are presented the positioning approach and the resource based view . In itiated in the mid-1980s by Wernerfelt (1984), Rumelt (1984) and Barney (1986), the resource-based view (RBV) has since become one of the dominant contemporary approaches to the analysis of sustained competitive advantage. A central premise of the resource-based view is that firms compete on the basis of their resources and capabilities (Peteraf and Bergen, 2003). Resource based view theories suggest that in order to take the part of F1 race the team must retain tangible resources such as highly qualified technical staff which would include race engineers, designers, aerodynamicist, composite expert, system specialist, but also CEO, budget, sponsorship and also the driver as the core competent resource inluencing succes of the team .The positioniong approch for business says that the best way to predict the future is to create it, and companies are often able to position themselves in ways which set and exploit the basis of competition to their advantage. The positioning approach is strongly linked with Porter strategic view , who argues that in order to achieve superior performance company must to understand the structure of the industry, in which it operates.This will allow the firm to adjust their strategy and exploit the underlying economic factors within the industry even better than their competitors do which might allow to outperform them . From other point of view of (Barney, 1991, Rumelt, 1984) this approch is criticised , as it assumes that all businesses operates on an equal organisational field. As Formula one industry is quite closed industry , creates field of constant formal or imformal shareing of common technoligies innovations , regulationa as also tacticts and stategic approches .According to Porter (1985) attractiveness of the sector can be defined by the implementation of the five forces model. Implication of this model to F1 motorsport industry presents that this industry is very difficult to enter industry with the low threat of new entrants due to high start-up costs and investments , there is quite low bargain power of customers due considerable number of viewers, power of suppliers is not really strong and very low level of potential substitute within industry but with very strong competetive high intensity of rivalry .F1 has passed trough maturity stage around 1970-1980’s, an this demonstrat that the major players are in industry for good while what makes them well experiance and determined to achive competetive advantege agaist other top F1 constructors . And this raises the question what can be done to obtain and sustain competitive advantage in such environment? According to the positioning approach business can gain competitive advantage either through cost leadership or product differentiation (Porter, 1979).A cost leadership strategy requires that a business define the source of cost advantage, which allows it to sell its products and services cheaper than rivals. Differentiation strategy on the other hand concentrates mostly on developing the product which will differ from those manufactured by a business’s competitors. within this type of industry sucha s Formula one motorsport there is no aplication for cost leadership stertegy as F1 constructor are focused on winning championships not looking at spending cost alomst at all .Formula one Teams using differentiation strategy which is enebling them to used thier avaiable resources in most innovative and attriactive way to achieve competetive advantege which something proved that this is still not enough to suceeddd in the longer term as all F1 constructors are strongly focus on differrttinagn and constant innovating of their teams agaisnt oders competiotrs .Another singnisicant external factor incluencing sucess of any constructors team are shifts anbd changes in environmnt which can suddenly change the value and importance of particular resoures and this is fundamental to understand and predict this before other to sustain advantege and this is what Williams constructors team has done in mid of 1990s. Williams team presents technological revolution in mid of 1990 by focusing on engerring aspetc which enables them to use many of innovations developed by othe rs teams .During the period 1992-1994 Williams cars won 27 out of 48races and they secured F1 consctrucor title for there years and they won Race championship in 1992 aand 1993 . By both Frank Williams and Patrick Head designs which were even more functional and innovative than this used in competitiors teams ,they makes thier bolides both very fast and reliable. The car development process was always top priority for Mr . Willinams and Patrick Head where importance of drivers took second less important place in their management of competetive advantege .Unfortunately they didnet realised importance of the good test driver role which who could help technicain to define and solve the probllems with the car to developed thier deisgn and set up evnen more effectively . Main a source of competitive advantage for Wiilliam team was thier technical excellence created by William and Head and attention in building relationships with thier engine supplier Renault which was very valuable due t o human and finacnial resources invested into the project.Most importnat for Williams’s team was to gain a constructor leadership, by the development of innovative combination of engine and the car chassis. Thier differentiated strategy which focused on the deelopment process of engine and the boilids become also a base of the sustainable competitive advantage where driver was perceived as less important movable resources as they do not belive putting milions in to driver is nessersary , since the development of outstanding bolide . Frank williams and his ‘masculino' approch unfortunateky was negatively effecting drivers relationships within thier F1 team .Actually Williams team dominance in mid 1990 was also resulted of many other internal and external factors such as innovative development of thier competitors such as ground effect and active suspension developed by Lotus , carbon-composite monocoque developed by McLaren and and semi automatic gearbox developed by Fer rari . Close business relations with Renault and priceless long-lasting relationship between Patrick Head and Frank Williams. Frank strategy was successful only for three season in constructors championship, longer due to series of negative events occurring between 1994 and 1995 .Williams team the best driver Ayrton Senna, died in the tragic accident during a San Marino Grand Prix in Imola in 1194. This accident shekad with whole Formula one industry as A. Senna was the most talented driver in F1. After year In 1995 Renault, decided to start manufacture, the engines as well for Benetton team. Furthermore one of Williams ex designers helped Benetton with car development, in which many technological innovations used by Williams in thier boilids influencing slow process of loosing competetive advantege of their tea . Another External factor which imacpt on fuutere ledarship of williams team was that M.Schumacher joined Benneton team . Thankfully for Williams, Schumacher shortly moved t o less competitive Ferrari, giving Williams team a clear way for gaining their sustain competetive advantege lost. Frank strategy was successful only for three season in constructors championship, longer due to series of negative events occurring between 1994 and 1995 . Williams team the best driver Ayrton Senna, died in the tragic accident during a San Marino Grand Prix in Imola in 1194. This accident shekad with whole Formula one industry as A. Senna was the most talented driver in F1.After year In 1995 Renault, decided to start manufacture, the engines as well for Benetton team. Furthermore one of Williams ex designers helped Benetton with car development, in which many technological innovations used by Williams in thier boilids influencing slow process of loosing competetive advantege of their tea . Another External factor which imacpt on fuutere ledarship of williams team was that M. Schumacher joined Benneton team . Thankfully for Williams, Schumacher shortly moved to less com petitive Ferrari, giving Williams team a clear way for gaining their sustain competetive advantege lost.The critical elements which impact Williams losss of sustainable competitive advantage after mid of 1990 were based of their priority focus on developments of engerering resources to win constructors championship , and laack of startegic management of thier capabilieteis and ability to linked then to each other to achieve superrior performance avoinding crating disadvantege threshold capabilities. I am of the opinion that in some way it created disadvantage for the team. Previously mentions Knowledge based view mentioned confirmed how important or even most important are human resources and the ability to share gathered information. nfortynatek within Williams F1 team this approcha was not really respected especially in relation to the role of the dirver and thier proffesional knowledge that they possesed even if they changed each season . Aityan (2012) described that to expect a high level of loyalty from the employee, the organisation should show similar or even higher level of loyalty to them where in Williams team , Patrics Head together with Franks autocratic leadership style to drivers does not practice that at all and was also blocking flow of valuable information between departments . hats why drivers were leaving after one season (e. g. Mansel, Prost). I i have described Formula one indusrty as closed industry with low probabiolity of new entrants FranK did NOT realised that by this management approch he was disadbventing his team by letting drivers and even engeneires share their knowlded and concepts obtiane in williams team with other competitor teams . According to Pickett (2004) when people leave, their knowledge also does. . Tymon et al. 2010) found that the key predictors of employee’s intention to leave are satisfaction with and pride in the organization and perception of it being socially responsible. Williams’s management to secure their competitive advantage should have a better developed career developemnt program for their key employees where they should be empowerd in decision makin process within the team and and drivers should be respect and not treated as the recruits . The best teamFerrari would not be able to achieve the succes even with this all tangible resources without proper and effective management strtegies allow all this available resources to be linked together and effiently Ferrari apooitned new boos who was twenty five year old, connected to Fiat owners, lawyer Luca di Montezemolo perceived as young and not necessary familiar with the industry surprisingly he appeared to be a perfect fit for the role due to his managerial skills and ability to put the order into day to day operations.At the same time new technical director – Mauro Forghieri and a new leading driver Niki Lauda were appointed. Ferrari constructors team with thier autocratic style and thier respect for the import ance of human resoursec in any developmnets precess proved to crrate and sustain the best source of competetive advatege by linkeages all tangible and in tangible resourses working together in appropiete manner wirh great copoeration of the key members of the team within the team .