José Rizal’s University Years Essay

Fortunately, Rizal’s first romance, with its bitter disillusionment,did not adversely affect his studies in the University of Santo Tomas.His love for higher education proved to be greater than his love for apretty girl. After finishing the first year of the course in Philosophy andLetters (1877-780), he transferred to a medical course. During theyear of his studies in the university, which was under the Dominicans,rival education of the Jusuits, he remained loyal to Ateneo, where hecontinued to participate in extra curricular activities and where hecompleted the education course in surveying. As a Thomasian, he wonmore literary laurels, had more romances with girls, and foughtagainst Spanish students. Mother’s position to higher education. After graduation withthe highest position in Ateneo, Rizal had to go the University of Santo Tomas in order to prepare him self to a private career. The Bachelor of arts degree during Spanish times was equivalent to a high schooldiploma today. It merely qualified its holder to enter a university. BothDon Francisco and Paciano that Jose should pursue a higher learning.But Dona Teodora did not want him to study more. Evidently she had apremonition that to much knowledge would imperil his child life.In a family council in the Rizal’s home in Calamba, shevigorously objected to have her beloved Jose acquired a highereducation. She was thinking of the safety of her son. She know thefate of Filipino intellectuals-Father Burgos, Dr. Antonio Ma. Regidor,Jose Ma. Basa, and others of 1872-who were either executed or exiledby the Spanish authorities, and blamed their sad fate to their learning.

Characteristics of Strong Civilizations

Many strong civilizations share common characteristics of being successful but which one is the most important? You can have a strong education system like the Han Dynasty and have educated people building advanced technology. You can have a strong military like the Romans and conquer thousands of miles in land to claim as your own. But the best characteristic to have is strong leadership because they can unite a country and stuff like that. They can lead revolutions and uprisings. And they can lead strong militaries. One reason strong leadership is important is because they can unite a country, colony, empire etc.Ben Franklin John Adams, Thomas Jefferson, and others took an angry 13 colonies and united them as one as they declared independence from England. This made them successful because they united the colonies and eventually defeated England in the Revolutionary War to officially become independent. (Textbook, 559) Also, to unite the Incas the all powerful Sapa Inca united them by imposing their language and religion upon those they captured while also building a large road system. This made them successful because the roads allowed armies and news to move rapidly throughout the empire. (Textbook, 197)Another reason why strong leadership is most important is because they can lead revolutions and uprisings. In 1791 slaves in the French colony Saint Domingue revolted against their slave owners. They were lead by Toussaint L’Overture and this became known as the Haitian Revolution. This made them successful because they overthrew their white slave owners and created the first black republic. (Latin American Revolutions Packet) One famous revolutionary leader is George Washington. George took many unskilled farmers and made them soldiers in a surprising victory over the stronger British army.This made them successful because it was the last compromise to England and finally declared the 13 colonies free from England and created the new country the Unit ed States of America. (Textbook, 559-562) The last reason strong leadership is most important is because they can lead militaries. Before Julius Caesar was the Emperor of the Roman Empire he was once a strong military leader that one many battles and wars. This made them successful because they conquered many miles of land and made the Empire more powerful. (Textbook, 158) Also, Genghis Kahn of the Mongol Empire was a uthless military leader who had highly trained armies. He imposed strict military discipline and absolute loyalty. This made them successful because Mongol forces conquered a huge empire that stretched from the Pacific Ocean to Eastern Europe. So as you can see, strong leadership is the best trait a powerful empire can have because they can unite the people, they can lead revolutions, and lead militaries. Examples like Julius Caesar and Genghis Kahn are always mentioned whenever strong leaders are brought up for the many successful things they accomplished. Which trait do you think is the best characteristic?

Digital Fortress Chapter 76-80

Chapter 76 Outside the Seville airport terminal, a taxi sat idle, the meter running. The passenger in the wire-rim glasses gazed through the plate-glass windows of the well-lit terminal. He knew he'd arrived in time. He could see a blond girl. She was helping David Becker to a chair. Becker was apparently in pain. He does not yet know pain, the passenger thought. The girl pulled a small object from her pocket and held it out. Becker held it up and studied it in the light. Then he slipped it on his finger. He pulled a stack of bills from his pocket and paid the girl. They talked a few minutes longer, and then the girl hugged him. She waved, shouldered her duffel, and headed off across the concourse. At last, the man in the taxi thought. At last. Chapter 77 Strathmore stepped out of his office onto the landing with his gun leveled. Susan trailed close behind, wondering if Hale was still in Node 3. The light from Strathmore's monitor behind them threw eerie shadows of their bodies out across the grated platform. Susan inched closer to the commander. As they moved away from the door, the light faded, and they were plunged into darkness. The only light on the Crypto floor came from the stars above and the faint haze from behind the shattered Node 3 window. Strathmore inched forward, looking for the place where the narrow staircase began. Switching the Berretta to his left hand, he groped for the banister with his right. He figured he was probably just as bad a shot with his left, and he needed his right for support. Falling down this particular set of stairs could cripple someone for life, and Strathmore's dreams for his retirement did not involve a wheelchair. Susan, blinded by the blackness of the Crypto dome, descended with a hand on Strathmore's shoulder. Even at the distance of two feet, she could not see the commander's outline. As she stepped onto each metal tread, she shuffled her toes forward looking for the edge. Susan began having second thoughts about risking a visit to Node 3 to get Hale's pass-key. The commander insisted Hale wouldn't have the guts to touch them, but Susan wasn't so sure. Hale was desperate. He had two options: Escape Crypto or go to jail. A voice kept telling Susan they should wait for David's call and use his pass-key, but she knew there was no guarantee he would even find it. She wondered what was taking David so long. Susan swallowed her apprehension and kept going. Strathmore descended silently. There was no need to alert Hale they were coming. As they neared the bottom, Strathmore slowed, feeling for the final step. When he found it, the heel of his loafer clicked on hard black tile. Susan felt his shoulder tense. They'd entered the danger zone. Hale could be anywhere. In the distance, now hidden behind TRANSLTR, was their destination-Node 3. Susan prayed Hale was still there, lying on the floor, whimpering in pain like the dog he was. Strathmore let go of the railing and switched the gun back to his right hand. Without a word, he moved out into the darkness. Susan held tight to his shoulder. If she lost him, the only way she'd find him again was to speak. Hale might hear them. As they moved away from the safety of the stairs, Susan recalled late-night games of tag as a kid-she'd left home base, she was in the open. She was vulnerable. TRANSLTR was the only island in the vast black sea. Every few steps Strathmore stopped, gun poised, and listened. The only sound was the faint hum from below. Susan wanted to pull him back, back to safety, back to home base. There seemed to be faces in the dark all around her. Halfway to TRANSLTR, the silence of Crypto was broken. Somewhere in the darkness, seemingly right on top of them, a high-pitched beeping pierced the night. Strathmore spun, and Susan lost him. Fearful, Susan shot her arm out, groping for him. But the commander was gone. The space where his shoulder had been was now just empty air. She staggered forward into the emptiness. The beeping noise continued. It was nearby. Susan wheeled in the darkness. There was a rustle of clothing, and suddenly the beeping stopped. Susan froze. An instant later, as if from one of her worst childhood nightmares, a vision appeared. A face materialized directly in front of her. It was ghostly and green. It was the face of a demon, sharp shadows jutting upward across deformed features. She jumped back. She turned to run, but it grabbed her arm. â€Å"Don't move!† it commanded. For an instant, she thought she saw Hale in those two burning eyes. But the voice was not Hale's. And the touch was too soft. It was Strathmore. He was lit from beneath by a glowing object that he'd just pulled from his pocket. Her body sagged with relief. She felt herself start breathing again. The object in Strathmore's hand had some sort of electronic LED that was giving off a greenish glow. â€Å"Damn,† Strathmore cursed under his breath. â€Å"My new pager.† He stared in disgust at the SkyPager in his palm. He'd forgotten to engage the silent-ring feature. Ironically, he'd gone to a local electronics store to buy the device. He'd paid cash to keep it anonymous; nobody knew better than Strathmore how closely the NSA watched their own-and the digital messages sent and received from this pager were something Strathmore definitely needed to keep private. Susan looked around uneasily. If Hale hadn't known they were coming, he knew now. Strathmore pressed a few buttons and read the incoming message. He groaned quietly. It was more bad news from Spain-not from David Becker, but from the other party Strathmore had sent to Seville. Three thousand miles away, a mobile surveillance van sped along the darkened Seville streets. It had been commissioned by the NSA under â€Å"Umbra† secrecy from a military base in Rota. The two men inside were tense. It was not the first time they'd received emergency orders from Fort Meade, but the orders didn't usually come from so high up. The agent at the wheel called over his shoulder. â€Å"Any sign of our man?† The eyes of his partner never left the feed from the wide-angle video monitor on the roof. â€Å"No. Keep driving.† Chapter 78 Underneath the twisting mass of cables, Jabba was sweating. He was still on his back with a penlight clenched in his teeth. He'd gotten used to working late on weekends; the less hectic NSA hours were often the only times he could perform hardware maintenance. As he maneuvered the red-hot soldering iron through the maze of wires above him, he moved with exceptional care; singeing any of the dangling sheathes would be disaster. Just another few inches, he thought. The job was taking far longer than he'd imagined. Just as he brought the tip of the iron against the final thread of raw solder, his cellular phone rang sharply. Jabba startled, his arm twitched, and a large glob of sizzling, liquefied lead fell on his arm. â€Å"Shit!† He dropped the iron and practically swallowed his penlight. â€Å"Shit! Shit! Shit!† He scrubbed furiously at the drop of cooling solder. It rolled off, leaving an impressive welt. The chip he was trying to solder in place fell out and hit him in the head. â€Å"Goddamn it!† Jabba's phone summoned him again. He ignored it. â€Å"Midge,† he cursed under his breath. Damn you! Crypto's fine! The phone rang on. Jabba went back to work reseating the new chip. A minute later the chip was in place, but his phone was still ringing. For Christ's sake, Midge! Give it up! The phone rang another fifteen seconds and finally stopped. Jabba breathed a sigh of relief. Sixty seconds later the intercom overhead crackled. â€Å"Would the chief Sys-Sec please contact the main switchboard for a message.† Jabba rolled his eyes in disbelief. She just doesn't give up, does she? He ignored the page. Chapter 79 Strathmore replaced his Skypager in his pocket and peered through the darkness toward Node 3. He reached for Susan's hand. â€Å"Come on.† But their fingers never touched. There was a long guttural cry from out of the darkness. A thundering figure loomed-a Mack truck bearing down with no headlights. An instant later, there was a collision and Strathmore was skidding across the floor. It was Hale. The pager had given them away. Susan heard the Berretta fall. For a moment she was planted in place, unsure where to run, what to do. Her instincts told her to escape, but she didn't have the elevator code. Her heart told her to help Strathmore, but how? As she spun in desperation, she expected to hear the sounds of a life-and-death struggle on the floor, but there was nothing. Everything was suddenly silent-as if Hale had hit the commander and then disappeared back into the night. Susan waited, straining her eyes into the darkness, hoping Strathmore wasn't hurt. After what seemed like an eternity, she whispered, â€Å"Commander?† Even as she said it, she realized her mistake. An instant later Hale's odor welled up behind her. She turned too late. Without warning, she was twisting, gasping for air. She found herself crushed in a familiar headlock, her face against Hale's chest. â€Å"My balls are killing me.† Hale panted in her ear. Susan's knees buckled. The stars in the dome began to spin above her. Chapter 80 Hale clamped down on Susan's neck and yelled into the darkness. â€Å"Commander, I've got your sweetheart. I want out!† His demands were met with silence. Hale's grip tightened. â€Å"I'll break her neck!† A gun cocked directly behind them. Strathmore's voice was calm and even. â€Å"Let her go.† Susan winced in pain. â€Å"Commander!† Hale spun Susan's body toward the sound. â€Å"You shoot and you'll hit your precious Susan. You ready to take that chance?† Strathmore's voice moved closer. â€Å"Let her go.† â€Å"No way. You'll kill me.† â€Å"I'm not going to kill anyone.† â€Å"Oh, yeah? Tell that to Chartrukian!† Strathmore moved closer. â€Å"Chartrukian's dead.† â€Å"No shit. You killed him. I saw it!† â€Å"Give it up, Greg,† Strathmore said calmly. Hale clutched at Susan and whispered in her ear, â€Å"Strathmore pushed Chartrukian-I swear it!† â€Å"She's not going to fall for your divide-and-conquer technique,† Strathmore said, moving closer. â€Å"Let her go.† Hale hissed into the darkness, â€Å"Chartrukian was just a kid, for Christ's sake! Why'd you do it? To protect your little secret?† Strathmore stayed cool. â€Å"And what little secret is that?† â€Å"You know damn-fucking-well what secret that is! Digital Fortress!† â€Å"My, my,† Strathmore muttered condescendingly, his voice like an iceberg. â€Å"So you do know about Digital Fortress. I was starting to think you'd deny that too.† â€Å"Fuck you.† â€Å"A witty defense.† â€Å"You're a fool,† Hale spat. â€Å"For your information, TRANSLTR is overheating.† â€Å"Really?† Strathmore chuckled. â€Å"Let me guess-I should open the doors and call in the Sys-Secs?† â€Å"Exactly,† Hale fired back. â€Å"You'd be an idiot not to.† This time Strathmore laughed out loud. â€Å"That's your big play? TRANSLTR's overheating, so open the doors and let us out?† â€Å"It's true, dammit! I've been down to the sublevels! The aux power isn't pulling enough freon!† â€Å"Thanks for the tip,† Strathmore said. â€Å"But TRANSLTR's got automatic shutdown; if it's overheating, Digital Fortress will quit all by itself.† Hale sneered. â€Å"You're insane. What the fuck do I care if TRANSLTR blows? The damn machine should be outlawed anyway.† Strathmore sighed. â€Å"Child psychology only works on children, Greg. Let her go.† â€Å"So you can shoot me?† â€Å"I won't shoot you. I just want the pass-key.† â€Å"What pass-key?† Strathmore sighed again. â€Å"The one Tankado sent you.† â€Å"I have no idea what you're talking about.† â€Å"Liar!† Susan managed. â€Å"I saw Tankado's mail in your account!† Hale went rigid. He spun Susan around. â€Å"You went in my account?† â€Å"And you aborted my tracer,† she snapped. Hale felt his blood pressure skyrocket. He thought he'd covered his tracks; he had no idea Susan knew what he'd done. It was no wonder she wasn't buying a word he said. Hale felt the walls start to close in. He knew he could never talk his way out of that one-not in time. He whispered to her in desperation, â€Å"Susan†¦ Strathmore killed Chartrukian!† â€Å"Let her go,† the commander said evenly. â€Å"She doesn't believe you.† â€Å"Why should she?† Hale fired back. â€Å"You lying bastard! You've got her brainwashed! You only tell her what suits your needs! Does she know what you really plan to do with Digital Fortress?† â€Å"And what's that?† Strathmore taunted. Hale knew what he was about to say would either be his ticket to freedom or his death warrant. He took a deep breath and went for broke. â€Å"You plan to write a back door in Digital Fortress.† The words met with a bewildered silence from the darkness. Hale knew he had hit a bull's-eye. Apparently Strathmore's unflappable cool was being put to the test. â€Å"Who told you that?† he demanded, his voice rough around the edges. â€Å"I read it,† Hale said smugly, trying to capitalize on the change of momentum. â€Å"In one of your brainstorms.† â€Å"Impossible. I never print my brainstorms.† â€Å"I know. I read it directly off your account.† Strathmore seemed doubtful. â€Å"You got into my office?† â€Å"No. I snooped you from Node 3.† Hale forced a self-assured chuckle. He knew he'd need all the negotiating skills he'd learned in the marines to get out of Crypto alive. Strathmore edged closer, the Berretta leveled in the darkness. â€Å"How do you know about my back door?† â€Å"I told you, I snooped your account.† â€Å"Impossible.† Hale forced a cocky sneer. â€Å"One of the problems of hiring the best, Commander-sometimes they're better than you.† â€Å"Young man,† Strathmore seethed, â€Å"I don't know where you get your information, but you're in way over your head. You will let Ms. Fletcher go right now or I'll call in Security and have you thrown in jail for life.† â€Å"You won't do it,† Hale stated matter-of-factly. â€Å"Calling Security ruins your plans. I'll tell them everything.† Hale paused. â€Å"But let me out clean, and I'll never say a word about Digital Fortress.† â€Å"No deal,† Strathmore fired back. â€Å"I want the pass-key.† â€Å"I don't have any fucking pass-key!† â€Å"Enough lies!† Strathmore bellowed. â€Å"Where is it?† Hale clamped down on Susan's neck. â€Å"Let me out, or she dies!† Trevor Strathmore had done enough high-stakes bargaining in his life to know that Hale was in a very dangerous state of mind. The young cryptographer had painted himself into a corner, and a cornered opponent was always the most dangerous kind-desperate and unpredictable. Strathmore knew his next move was a critical one. Susan's life depended on it-and so did the future of Digital Fortress. Strathmore knew the first thing he had to do was release the tension of the situation. After a long moment, he sighed reluctantly. â€Å"Okay, Greg. You win. What do you want me to do?† Silence. Hale seemed momentarily unsure how to handle the commander's cooperative tone. He let up a bit on Susan's neck. â€Å"W-well†¦Ã¢â‚¬  he stammered, his voice wavering suddenly. â€Å"First thing you do is give me your gun. You're both coming with me.† â€Å"Hostages?† Strathmore laughed coldly. â€Å"Greg, you'll have to do better than that. There are about a dozen armed guards between here and the parking lot.† â€Å"I'm not a fool,† Hale snapped. â€Å"I'm taking your elevator. Susan comes with me! You stay!† â€Å"I hate to tell you this,† Strathmore replied, â€Å"but there's no power to the elevator.† â€Å"Bullshit!† Hale snapped. â€Å"The lift runs on power from the main building! I've seen the schematics!† â€Å"We tried it already,† Susan choked, trying to help. â€Å"It's dead.† â€Å"You're both so full of shit, it's incredible.† Hale tightened his grip. â€Å"If the elevator's dead, I'll abort TRANSLTR and restore power.† â€Å"The elevator takes a password,† Susan managed feistily. â€Å"Big deal.† Hale laughed. â€Å"I'm sure the commander will share. Won't you, Commander?† â€Å"No chance,† Strathmore hissed. Hale boiled over. â€Å"Now you listen to me, old man-here's the deal! You let Susan and me out through your elevator, we drive a few hours, and then I let her go.† Strathmore felt the stakes rising. He'd gotten Susan into this, and he needed to get her out. His voice stayed steady as a rock. â€Å"What about my plans for Digital Fortress?† Hale laughed. â€Å"You can write your back door-I won't say a word.† Then his voice turned ominous. â€Å"But the day I think you're tracking me, I go to the press with the whole story. I tell them Digital Fortress is tainted, and I sink this whole fucking organization!† Strathmore considered Hale's offer. It was clean and simple. Susan lived, and Digital Fortress got its back door. As long as Strathmore didn't chase Hale, the back door stayed a secret. Strathmore knew Hale couldn't keep his mouth shut for long. But still†¦ the knowledge of Digital Fortress was Hale's only insurance-maybe he'd be smart. Whatever happened, Strathmore knew Hale could be removed later if necessary. â€Å"Make up your mind, old man!† Hale taunted. â€Å"Are we leaving or not?† Hale's arms tightened around Susan like a vice. Strathmore knew that if he picked up the phone right now and called Security, Susan would live. He'd bet his life on it. He could see the scenario clearly. The call would take Hale completely by surprise. He would panic, and in the end, faced with a small army, Hale would be unable to act. After a brief standoff, he would give in. But if I call Security, Strathmore thought, my plan is ruined. Hale clamped down again. Susan cried out in pain. â€Å"What's it gonna be?† Hale yelled. â€Å"Do I kill her?† Strathmore considered his options. If he let Hale take Susan out of Crypto, there were no guarantees. Hale might drive for a while, park in the woods. He'd have a gun†¦. Strathmore's stomach turned. There was no telling what would happen before Hale set Susan free†¦ if he set her free. I've got to call Security, Strathmore decided. What else can I do? He pictured Hale in court, spilling his guts about Digital Fortress. My plan will be ruined. There must be some other way. â€Å"Decide!† Hale yelled, dragging Susan toward the staircase. Strathmore wasn't listening. If saving Susan meant his plans were ruined, then so be it-nothing was worth losing her. Susan Fletcher was a price Trevor Strathmore refused to pay. Hale had Susan's arm twisted behind her back and her neck bent to one side. â€Å"This is your last chance, old man! Give me the gun!† Strathmore's mind continued to race, searching for another option. There are always other options! Finally he spoke-quietly, almost sadly. â€Å"No, Greg, I'm sorry. I just can't let you go.† Hale choked in apparent shock. â€Å"What!† â€Å"I'm calling Security.† Susan gasped. â€Å"Commander! No!† Hale tightened his grip. â€Å"You call Security, and she dies!† Strathmore pulled the cellular off his belt and flicked it on. â€Å"Greg, you're bluffing.† â€Å"You'll never do it!† Hale yelled. â€Å"I'll talk! I'll ruin your plan! You're only hours away from your dream! Controlling all the data in the world! No more TRANSLTR. No more limits-just free information. It's a chance of a lifetime! You won't let it slip by!† Strathmore voice was like steel. â€Å"Watch me.† â€Å"But-but what about Susan?† Hale stammered. â€Å"You make that call, and she dies!† Strathmore held firm. â€Å"That's a chance I'm ready to take.† â€Å"Bullshit! You've got a bigger hard-on for her than you do for Digital Fortress! I know you! You won't risk it!† Susan began to make an angry rebuttal, but Strathmore beat her to it. â€Å"Young man! You don't know me! I take risks for a living. If you're looking to play hardball, let's play!† He started punching keys on his phone. â€Å"You misjudged me, son! Nobody threatens the lives of my employees and walks out!† He raised the phone and barked into the receiver, â€Å"Switchboard! Get me Security!† Hale began to torque Susan's neck. â€Å"I-I'll kill her. I swear it!† â€Å"You'll do no such thing!† Strathmore proclaimed. â€Å"Killing Susan will just make things wor-† He broke off and rammed the phone against his mouth. â€Å"Security! This is Commander Trevor Strathmore. We've got a hostage situation in Crypto! Get some men in here! Yes, now, goddamn it! We also have a generator failure. I want power routed from all available external sources. I want all systems on-line in five minutes! Greg Hale killed one of my junior Sys-Secs. He's holding my senior cryptographer hostage. You're cleared to use tear gas on all of us if necessary! If Mr. Hale doesn't cooperate, have snipers shoot him dead. I'll take full responsibility. Do it now!† Hale stood motionless-apparently limp in disbelief. His grip on Susan eased. Strathmore snapped his phone shut and shoved it back onto his belt. â€Å"Your move, Greg.†

Economic Essay Example | Topics and Well Written Essays - 1000 words - 6

Economic - Essay Example The following table and chart can help us get an idea: â€Å"The main engine of growth is the accumulation of human capital† and â€Å"the main source of differences in living standards among nations is the difference in human capital. Physical capital plays an essential but decidedly subsidiary role† (Bardhan and Udry, 2008, p.266). Human capital has several aspects, including education, training and health. Human capital is considered to be a key determination of economic growth. Investment in human capital benefits individuals and society as a whole. Countries with skilled people grew faster. While develop economics have always emphasized the importance of education in the develop process. Better education generates private gains to the individual and public benefits to society. By the expansion of knowledge it can enable the people to overcome ignorance and superstitions. Without literacy or, to be more precise, perfect education, economic growth in any country is impossible. It can become only lopsided and flawed unless corrective reassures are taken. Jobless growth implies situation where the overall economic growth but does not expand sufficient employment opportunities. ‘Futureless growth’ implies a situation where growth occurs but its effect is not positive on future generation and is adverse. According to Mahatma Gandhi, â€Å"education, which does not teach us to discriminate between good or bad, to assimilate the one and eschew the other, is a misnomer† (Rao, 1991, p.2). The purpose of literacy and education is not only to make our children literate and merely develop individual skills but also to make them appropriate human being with positive and integrated elements of their respective societies. Education means drawing out the best of the body, mind and spirit in man. He believed learning by doing and was of the opinion that the knowledge through education, subjects

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Reflection Paper - Essay Example The consistency of their movements made it seem like one long snake twisting and twirling and doing all sorts of dance acts. Then suddenly the snake would burst open into many distinct snakes depending upon the number of dancers inside the aluminum tubes. It was the best combination of flashlights, intricate dance steps, and aluminum casings that made the experience of watching the show memorable. The dancers used aluminum casing in such ways to look like aliens or unknown creatures. Traditionally, a dance show is just about dancing skills of the performers. The audience tries to rate the show according to the extent of perfection in dancing skills of the performers. But this show was even more than just that in that the audience was made to think as if they were watching aliens dance. I particularly liked it when the dancers organized and structured themselves so as to give rise to a gigantic aluminum robot on the stage. Watching such a magnanimous thing tread past them must have been a pleasingly horrifying experience for the audience that was sitting there. I also liked it a lot when I saw the aluminum pipes blowing horns and moving as if they were singing the song. I never saw aluminum pipes singing and dancing. It was very cartoonish and enjoyable. The role of camera effects and lighting in making the show special cannot be undermined. The abrupt and unexpected change of lights from red to blue and other colors kept the audience engaged and their excitement elevated throughout the show. The changing of lights and colors was synchronized to the dance steps as well as the beat. The dancers displayed perfect timing with beats and light effects to make the experience overwhelming. The dancers perfectly used background lighting and effects to seamlessly change the attires and go from one shape to another. The best thing about the show was that the dancers used aluminum as a medium to showcase their dancing skills. They

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UNIT 3 INDIVIDUAL PROJECT - Essay Example er the treatment as directed by the physician as she is believed to be working under him and if there was any concern to be raised, it should have been directed to the physician and not discuss it with the patient. The nurse’s conduct could be justified under the patient advocate portion as she is believed to have been concerned with the patient views on the treatment. On the other hand, her conduct might not really be justified since she interfered with the patient-physician relationship when she discussed about alternative treatment with the patient without the physician knowledge. The physician while attending to the patient just gave her only one alternative treatment for leukemia and did not mention other alternatives like reflexology and the use of laetrile. Even though these alternative treatments have not been sanctioned by the medical community, they ought to have been discussed by the physician to the patient before he settles on giving him the chemotherapy treatment. All medical practitioners are legally and ethically obliged that they should ensure that before they settle in a particular treatment, they should have given adequate informed healthcare decisions to the patient together with a valid consent on the treatment. All the alternative treatment should include the risks and benefits in order for the patient to make an informed decision on the treatment. (Kerridge and McPhee, 2004) when the patient ask question on the alternative medicine but should be discussed every time the medical practitioner is discussing about CAM as the knowledge might be of significant to the patients. (Adams, Cohen, Eisenberg and Jonsen, 2003) It is immaterial that the patient made a decision to take chemotherapy treatment because her son had advised her on the treatment. For that case, the physician ought to have taken the responsibility of advising the patient accordingly on the alternative treatment for leukemia even though they had not been approved by the

Law for Business Assignment Example | Topics and Well Written Essays - 2000 words - 1

Law for Business - Assignment Example nless he is, in fact, specially authorized by the other partners; but this section does not affect any personal liability which may arise against any other partner who has so conducted himself as to give reasonable ground to the party dealing with the partner first mentioned for believing him to be so authorized1.There are rights that the third party has and enable the party to enforce agreements against the firm. The enforcement of a term by the third party is when the terms of the contract provides that the party is subjected to subsection and the term that is given by the firm significances to discuss a benefit that the party will obtain. Any claim that can be made by the third parties may not be well defended by the partnership since not all the partners were involved. The subjection that the third party is able to get may not apply when if on a proper coming to an agreement appears that the parties that were involved did not have the intention to have the term being enforceable by the law 2. In the enforcements that are made, the third party must be well identified by the partners in the contract with fine details including name and as a member of a given class or as answering a given description3. There is no need of the person to be in existence when the agreement of the purchases is entered into. The laws of third party involvement in a contract need the subject to be subjected to and also do it according to other relevant terms of the contract. In contracts that Steve involved in, there was no consideration of other terms of partnership that they were in. in exercising rights of enforcement by a third party, there is availability to the third party remedy that would be available to him if there was breach in the contract that was entered to if the third party was already part of the contract. The other rules that apply to the third party are with rules that relate to damages, specific performance and injunctions. There are terms of contracts that restrict

Research method Essay Example | Topics and Well Written Essays - 2500 words

Research method - Essay Example INTRODUCTION TO PROBLEM OUTLINE Sportswear retailing is a diverse and fairly fragmented market. Even though at a slower rate, sports retailing chains are showing a steady growth over the years. Retailers are looking for introducing new formats in business along with increasing the number of stores. Independent sports retailers like Sports Direct have established their place in the market and managed to gain major share in the markets. The research focuses on analysis of customer satisfaction in sports retailing concentrating on Sportsdirect.com in Liverpool One. Companies are in a situation where it is no longer enough to satisfy the customers, they need to delight customers. The simple way to measure customer satisfaction is by taking surveys. A successful survey begins with a good questionnaire, and a good questionnaire is built from the customer’s point of view (Horovitz, 1990). 2. AIM & OBJECTIVES The aim and objectives of this research are to: Measure the customer satisfa ction in sports retailing, focusing on Sportsdirect.com in Liverpool One. To find out about satisfied and dissatisfied customers and based on this, put forward suggestions for the improvement and to better serve customers and retain them. To make generalisations about the customer satisfaction in sports retailing sector. ... sports goods retailing industries as customer satisfaction is at the root of customer retention and in effectively raising the bar on the firm’s future profitability. 3. ORGANISATIONAL BACKGROUND Sports Direct International Plc was established in 1982. It is now UK’s number one sports retailer with annual turnover exceeding well over ?1 billion. (Sports Direct Annual Report, 2008). They acquired a lot of companies during their race to success and have around 375 stores in UK and around 60 global stores. They focus on growing UK retail business by continue to drive efficiencies and delivering outstanding value to customers (Sports Direct Website, 2011). Moreover, a significant percentage of Sportdirect.com customers are online clients and manage to get the cushion of market leadership by differentiating themselves from rival firms who manufacture and sell sports goods using the discount-based competition market strategy. 4. LITERATURE REVIEW In the current business world , customer care has a major influence on a company’s long term profitability. Cook (2000) categorises clients as the premise of business and as the element that keeps business alive. The knowledge, attitudes, educational background, and cultural and social environment of an individual have got a major role in moulding his perspectives (Antonides & Raaij, 1998). A well-educated and well-informed customer of the present era has had a clear understanding of standards he expects and this makes it more complicated. As a result, there is considerable attention being taken into account of maintaining relationship between the service providers and customers (Barnes, 1997; Reinartz & Kumar, 2002; Coulter & Coulter, 2002). The bygone twenty years has seen the growing up of relationship marketing as the

The Anti-Federalists Objections to the Constitution Essay

The Anti-Federalists Objections to the Constitution - Essay Example The Anti-federalists believed that the power of the government should be concentrated in the legislature since it was the most democratic branch. They maintained that such a government offered the United States citizens the best protection for their essential rights. The Anti-federalist argued that the only way to ensure there existed democracy was through the allocation of power through particular texts. Therefore, they feared that the constitution that was being endorsed by the federalists delegated excess powers to the central government instead of these powers going to the states. They also pointed out that there was allocation of more authority to the judiciary and executive at the expense of the congress. It was explicitly clear in their minds that the federalists and their supporters were threatening the freedoms that Americans had defended against the Britain. Brutus incorporated these ideas into his attack against the proposed constitution. He suggests that a large republic would not succeed in a large country like the United States since it comprises of citizens who are diverse in many ways. According to him, such diversity would interfere with the operations and smooth running of the central government since many opinions and ideas would clash. Brutus believes that a republic can work in a small society like a state (Storing 37). Brutus also argued that the liberties of the US citizens were in danger since the federal government was being given a lot of powers that can be misused for personal gains. He gave examples of Britain and Rome where power had been misused and advised Americans not to follow the same trend. The freedom of the commonwealth was denied and their constitution overturned by their strong army which had been given powers. Julius Cesar who was appointed to lead the command capitalized on the loopholes in the constitution and changed it from a free republic into despotism. He also pointed out that the fear from a large standing army w as that the rulers may use them to promote their personal ambitions. They could also overturn the governments’ constitutional powers and gain their own powers to enable them dictate the US people. Brutus and other Anti-federalists advocates looked at themselves as the defenders of a self government that was going to offer outstanding leadership to the people of America. They supported leadership in small republics or the states with the rulers accessing limited powers that can not be misused. By giving examples of Rome and Britain where power had been misused, Brutus wanted the Federalists to learn from other countries and make adequate changes to the constitution. James Madison opposed the objections from the Anti-federalists by arguing that the government had to be designed to stop the politicians and the people from using it for their own selfish gains. He had contributed immensely to the constitution and this is why he countered the objections from the Anti-federalists st rongly. Among the many common features in the constitution was the idea of a balanced government system where the national authority was limited and reserving definite powers to the people through the local government. Madison also made other key contributions to the constitution such as the creation of a national legislature and the national chief executive. His strongest argument in support for the constitution was that, it had come up with a strong government capable of controlling the

Monotheistic Religions Essay Example for Free

Monotheistic Religions Essay In what ways is the Holy Land an important site for all three monotheistic faiths? Jerusalem is a home to holy sites that are sacred to the three religions. The city contains many houses of worship. It is also a place of ongoing tensions between religious and ethnic groups. The three major monotheistic religions are sometimes described as branches of the same family tree. If this is true, how would you describe the trunk of the tree? All three major monotheistic religions claim they began with Abraham. Judaism and Christianity claim that their founders descended from Abrahams son Isaac. Islam claims descent through his other son, Ishmael. How are the three major holy books of the monotheistic faiths both similar and different? All three faiths have the similar messages from the Holy Book that there is only one god. For all three faiths they have different names for their Holy Book; Torah, Bible, Qur’an. How are the basic beliefs of Judaism, Christianity, and Islam alike? All three religions only believe in one god. Jews, Christians, and Muslims honor the Ten Commandments. Followers of all three religions practice some type of fasting. Typically all three involve in prayer and worship with other followers. Afterlife is believed by the three religions. All three faiths hold that humans have a soul. What types of internal differences and divisions exist within each religion? Major Jewish sects include Reform, Conservative, and Orthodox. Christianity has many denominations but the largest branches are Catholicism, Protestantism, and Eastern Orthodoxy. The Islamic world is largely divided between two major groups, Sunni and Shia Islam. What characteristics and beliefs of the three religions make them different? Each have a different main holy book. Religious leaders are a rabbi, priest/minister/pope/, and imam. Their house of worship also differ.

Theories of Child Rearing Styles

Theories of Child Rearing Styles Child Development and Welfare Name: Theresa, C. Eric Table of Contents (Jump to) TAQ2: Child Rearing Styles TAQ3 TAQ4: â€Å"Social learning theory goes beyond conditioning: It goes into the world of learning because of the experiences we have along the way. Discuss† References TAQ2: Child Rearing Styles Child rearing Style 1 Child rearing style 2 Child rearing Style 3 Child rearing Style 4 Name of style Authoritative Permissive Uninvolved Authoritarian Characteristics Parents are democratic Attentive parents Forgiving parents Children are taught proper behaviour Have set of rules Punishment to the children for disobeying the rules and rewards for obedience Parents take on the role of friends No expectations on the child Children are allowed to make their own decisions Neglect of the children Parents put their life before the child’s Parents show little interaction with the children Strict parenting style Parents have high expectations on the children Less communication between parent and children Harsh punishment from the parents No logical reasoning for rules and punishment Effects on the development of child’s conscience Tend to have happier dispositions Have good emotional control and regulation Develop lack of self discipline Become self-centered and demanding Children also lack good social skills Sense of unimportance to the parents Sense of loneliness Lack of self-control Rarely think on their own They feel pressured to conform They become socially withdrawn Effects on later achievement A child is able to develop good social skills Children become self-confident about their abilities to learn new skills. This is important in cognitive development and later achievements of a child. They become good team leaders, team players, and learn to spur each other to success. They believe in collaborative involvement, giving people a second chance, and are likely to perform well in situations that need high level of consultation. Children in this category grow up to be slow decision-makers, and may not be best suited in situations that need swift decisions, characterized by authoritarianism. Tendency to clash with authority Tend to be aggressive and act out Underage drinking due to lack of rules Lack of good manners and ability to apply common sense in normal situations Tendency to develop self-centeredness Such children grow up into irresponsible adults who cannot be trusted with important tasks (Gadeyne, Ghesquiere, Onghena, 2004). They generally become slow in implementing, innovating, and blending in. They have a hard time discerning between what is wrong and right, and may become excessively carefree in nature. Such individuals cannot impose rules, and have them implemented. Conclusively, they do not make good leaders and performers. Show patterns of truancy in school Patterns of delinquency during adolescence Development of uneven behaviours, mainly because of lack of early monitoring and guidance Children lack a sense of guidance Development of â€Å"I don’t-care attitudes†, which greatly affect their behaviour and treatment of others (Gadeyne, Ghesquiere, Onghena, 2004). Inability to form teams, and work in collaborative settings – they become withdrawn from the rest of the crowd Low self esteem Develop fear of failure Develop resentment of authority (Gadeyne, Ghesquiere, Onghena, 2004). They lack great teamwork ability Tend to exercise the same authoritarian rules on the people they interact with, or lead, subconsciously. Such children become fixated with success, meaning a single failure may mean the end of the road for them. TAQ3 The study involves two child rearing styles, which include Baumrind’s Parenting Style Typologies and Maccoby and Martin’s Parenting Style Typologies. These two parenting topologies came into existence following various parenting styles brought into focus by early researchers. These include dominance/submission, acceptance/rejection, responsiveness/unresponsiveness, control/no control, emotionally involved/uninvolved, democratic/autocratic, and restrictiveness/permissiveness (Krause, Parker, Covin, 2013). A study carried out by Baumrind in the years late 1960s and early 1970s proposed three patterns of parenting styles, which differed qualitatively. These included authoritarianism, permissiveness, and authoritativeness. These three styles were based on analyzing parenting in largely middle class, white families. The study by Baumrind engaged thirty-two families which were selected after prolonged observations of the preschool children’s patterns of behaviour in the nursery school setting. It is this study which gave birth to the three parental authority prototypic forms, such as authoritarian, authoritative, and permissive. In Baumrind’s later study, several attributes were highlighted pertaining the different parenting topologies. About authoritarian parents he concluded that they try to shape, control, and Evaluate their children’s behaviour based on the absolute set of standards (Krause, Parker, Covin, 2013). He pointed out that parents have high maturity dema nds on their children since they are uncomfortable with their inappropriate behaviours. They do not support the idea of give-and-take, and believe that children should exclusively follow the commands they have been given by parents. This requires that children exercise absolute obedience and this even extends to even when they are socializing. The authoritarian parents do not bend rules at any given moment, and expect strict adherence (Abu, 2013). Such parents constantly demand that their children behave in a mature manner, and they pay less attention to psychological differentiation. These attributes were later updated by Maccoby and Martin (1983) who defined parenting style using two dimensions: parental demandingness (control, supervision, maturity demands) and parental responsiveness (warmth, acceptance, involvement) (Abu, 2013). The interaction between the two dimensions produced four distinct parenting styles. A primary difference between Baumrind’s parenting style typologies and Maccoby and Martin’s parenting style typologies is that Baumrind discussed on â€Å"permissive† parenting while Maccoby and Martin differentiates between two types of permissive parenting. About permissiveness, Baumrind (1971) suggests that parents make little mature demands on their children, as opposed to other parents discussed in the above categories. They use less punishment on their children. Besides, they let their children exercise self-control and make their own judgments. This gives an implication that they tend to tolerate their children’s misb ehaviour. These parents attempt to behave in less punitive and affirmative manner toward their children. They do not assert themselves as agents of modeling behaviour change, but present themselves as tools that can be used by the children to develop any type of desired behaviour (Abu, 2013). In addition, as opposed to other parents, this category of parents does not pay close attention to children while socializing. Thus, such children become non-achievers, since little pressure is exerted on them. These children are comparable to those of authoritarian children, though they differ in the aspect the degree of their achievement. The above findings are similar to those of Park and Bauer (2002), whose main focus was to establish the relationship between students’ academic achievement and parenting styles (As cited in. Krause, Parker, Covin, 2013). The results revealed that there was a significant positive relationship between authoritative parenting style and high school students’ academic achievement. Also shown on this study was a significant negative relationship between authoritarian and permissive parenting style and high school students’ academic achievement. Culture and education has clearly been shown as a factor that strongly influences the relationship between the different types of child rearing topologies. This is backed by the fact that studies carried out in different countries with different cultural setups showed different status of relationships. TAQ4: â€Å"Social learning theory goes beyond conditioning: It goes into the world of learning because of the experiences we have along the way. Discuss† Evolutionary psychologists have always argued that conditioning is an important aspect that shapes human personality. This argument can be derived from the effect of operant conditioning on animal behaviour, and how this has been used to relate to similar effects on humans. Basically, conditioning is a type of learning in which the behaviour of an animal of human being is shaped or largely modified by a series of consequences and antecedents (things that happened there before). It is suggested that behaviour is liable to change in form, strength, and frequency in equal measure. Various types of conditionings have been used to modify/shape animal behaviour. These include operant conditioning (instrumental conditioning), and classical conditioning. The former mainly deals with punishment and reinforcement to bring about the desired behaviour change. On the other hand, the latter deals with behaviours that are modified by reflexes, with respect to antecedent conditions (Anderson, Bushm an, 2001). However, it is not entirely true that conditioning is the major reason behind animal and human behaviour. Social learning theory is much more comprehensive and incorporates many other aspects that shape human and animal behaviour, as discussed in the proceeding sections of this paper. While conditioning mainly centers on using antecedents and experiences as the major tools that shape behaviour, social learning theories posit that there are other aspects that define human and animal behaviour, which go beyond the simple tenets of conditioning. Bandura’s social learning theory outlines that people learn from one another via observation, modeling, and imitation (Fuhrmann, Ravignani, Marshall-Pescini, Whiten, 2014). These three aspects go beyond the fabrics of positive and negative reinforcements, as applied in conditioning. While arguing this point out, it is important to understand what conditioning entails, especially with respect to effects of reinforcements. For instance, positive reinforcement involves rewarding an individual, especially a child, for a good work or performance achieved. It is believed that such reward systems would act as motivating factors for repeat performances. Though this school of thought might hold some weight, to some extent, it fails to take into consideration the basic fact that human and animal motivations are guided by the need to achieve a given goal, and once this is done, such kind of a reward or goal ceases to be a source of motivation. On the other hand, negative reinforcement involves applying punishment and punitive measures in cases of underperformance, or unruly behaviour. While this method of conditioning may be applauded as an effective means of curtailing negative behaviours, it is limited in scope, since the subject being conditioned may develop a lack of response to the punishments being leveled, and outgrow their effect. These points of weaknesses are what bring in Bandura’s social learning theory as an additional explanation to the behaviour development of both animals and humans. Irrespective of the shortfalls of conditioning in shaping human behaviour, social learning theorists have established that it is an important tool that determines how people react and adapt to situations. For instance, through the use of positive reinforcement, a child can be taught to say â€Å"thank you† after receiving a gift, and this may extend into adulthood to become a conditioned behaviour. In a similar note, negative reinforcement could be used to ensure that children learn to say â€Å"please† while addressing others, as show of respect, and courtesy. In cases where such is not applied, then a punishment could be launched. Such measures greatly shape the way people behave when they grow up. Basically, this closely ties with the social learning theory, as posited by Bandura, since this is also based on experiences, imitation, interactions with others, and modeling. Bandura’s theory of social learning has developed largely from conditioning and has, in reality, contributed to further promoting and development of the theory (Bandura, 1963). As aforementioned, the theory depends on such tenets as motivation, imitation, observation, and modeling to achieve the desired behaviour change. In respect to its connection to the theory of conditioning, the aspect of modeling reigns high. For instance, in a school setup, teachers can shape the behaviour of students by modeling the desired behaviour of course of action, through judicious application of both negative and positive reinforcements. A practical example is when a teacher wants to instill a habit of participation in a child (Kumpulainen, Wray, 2002). This can be done by offering gifts, applauding publicly, and many other positive ways. On the other hand, a teacher could curtail a negative behaviour by punishing the child through caning, deducting marks, and many others. Apart from the use o f the dual aspects of reinforcement, behaviour change can also be significantly modeled through guided participation, and imitation. When training a child to be grateful in cases where one has received a gift or any form of help, a parent can repeatedly make the child say â€Å"thank you† in every instance such a scenario is experienced. This repeated learning, and also through observation of what the parent usually does, will instigate imitation behaviour into the child, and later on develop the desired behaviour as modeled by the parent. Such kinds of conditionings are explicitly a derivation of the concept of modeling, as posited by Bandura. In respect to this, it is arguable that Bandura’s social learning theory has developed from the concept of conditioning, and has actually helped to further its arguments. While the theory brings in new concepts that are important in shaping behaviour, it is imperative to note that its main source of argument lies on creating, modeling, and instilling a given desired behaviour into an animal or a human being. This is the same thing that conditioning theory reiterates, which is why it is perfectly right to insinuate that Bandura has helped to promote the arguments put forward by the theory. (Word counts = 2,175 words). References Anderson, C.A.; Bushman, B.J. (2001). Effects of violent video games on aggressive behaviour, aggressive cognition, aggressive affect, physiological arousal, and pro-social behaviour: A meta-analytic review of the scientific literature.Psychological Science12(5): 353–359. Bandura, A. (1963).Social learning and personality development. New York: Holt, Rinehart, and Winston. Fuhrmann, D., Ravignani, A., Marshall-Pescini, S., Whiten, A. (2014). Synchrony and motor mimicking in chimpanzee observational learning. Scientific Reports, 4. doi:10.1038/srep05283. Gadeyne, E., Ghesquiere, P., Onghena, P. (2004). Longitudinal relations between parenting and child adjustment in young children. Journal of clinical child and adolescent psychology, 22, 347-358. Kumpulainen, K., Wray, D. (2002). Classroom Interaction and Social Learning: From Theory to Practice. New York, NY: RoutledgeFalmer. Miller, P. H. (2011).Theories of developmental psychology. New York: Worth Publishers. Krause, R., Parker, O., Covin, J. (2013). Teach your ventures well: a control-based typology of ICV parenting styles.Academy Of Management Annual Meeting Proceedings, 534-539. Abu Taleb, T. (2013). Parenting styles and childrens social skills as perceived by Jordanian mothers of preschool children.Early Child Development Care,183(11), 1646. Page 1

Hamlet Claudius Suicide

Hamlet Claudius Suicide In the play Hamlet by William Shakespeare, the main character Hamlet has both internal and external conflicts. Hamlet grieves for the death of his father and is angry that Claudius killed him. He also contemplates suicide and is constantly thinking about certain tasks he has to accomplish. Hamlet is under a great deal of pressure and anxiety. We see how Hamlet responds to both the internal and external conflicts. Hamlet is very depressed because of his fathers death and he is very upset that Gertrude married Claudius so quickly. This leads hamlet to one of his first conflicts, which is suicide. Hamlet initially speaks of suicide in his first soliloquy. He ponders why he should live with all of this chaos but Hamlet overcomes this internal conflict because he concludes that suicide is a sin. â€Å"O that this too too sullied flesh would melt, Thaw and resolve itself into a dew, Or that the Everlasting had not fixd His canon gainst self-slaughter.   O God!   God!† (Act 1, sc 2, lines 131-61.) Later on in the play, he meets his father in ghost form. His father informs Hamlet that he needs to get revenge against Claudius because he was the one that killed him. Hamlet is shocked and disgusted by this information and wants justice for his father. In the meantime, Hamlet puts on a show of craziness until he comes up with a plan to kill Claudius. Polonius believes Hamlet is acting crazy because of his recent breakup with Ophelia. When Polonius tries to talk to prince Hamlet, Hamlet acts immature, but Polonius doesnt know that Hamlet is pretending to be mad. This shows you how clever Hamlet is and how he reacts to his conflicts in various ways. Throughout the rest of the play he faces many conflicts. He is having trouble with avenging his fathers death and he doesnt know if he has the courage to kill Claudius. For the second time he contemplates suicide. â€Å"To be, or not to be: that is the question: Whether tis nobler in the mind to suffer The slings and arrows of outrageous fortune, Or to take arms against a sea of troubles, And by opposing end them?† -(Act 3, sc 1, lines 64-98) In this soliloquy, Hamlet ponders suicide but, he is afraid of what will happen or where he will go after death. Hamlet is unselfish and doesnt take action; he overcomes this internal conflict and chooses to live. Hamlets reactions to the internal and external conflicts show him to be an intelligent and complicated character. He is overcome with different problems whether it is internally or externally. Many times he considers suicide but, is troubled by the consequences or the destination of his soul. Hamlet is bothered knowing that he killed more people then just Claudius. If Claudius wasnt a power hungry person, then none of this would have happened. So as you can see Hamlet has a lot of problems inside and out of him and he confronts them in different ways.

Portfolio Theory and Banks :: Finance Financial Essays

Portfolio Theory and Banks Over the years competition in the financial industry has been very high. Banks have been competing harder over market shares and profits. These firms have of late been facing a very unique challenge; how to extract high levels of profit while still maintaining their foundations as lending institutions. Lending is not a very profitable business, the risk of default coupled with the competition driving down market prices have made lending a less attractive enterprise. Therefore some banks are trying to concentrate on their more profitable activities (i.e. advisories, debt and equity sales, mergers and acquisitions). But to be able to extract this sort of business requires banks to engage in loans. Without loans customers have no incentive to do business with them, since one of their primary needs is to finance their commercial activities through debt. Portfolio theory gives these lending institutions a tool to minimize the risks and hazards of lending. Portfolio theory was first published by Fischer Black and Myron Scholes in 1973. This model provided banks with a strategy on how to diversify their loans and investments. Before this, banks had no real investment strategy and their only option was to obtain as much collateral as possible and make default an unattractive option. Portfolio Theory allows companies or investors to diversify their investment so to minimize risk and maximize gain. The principle behind the Black – Scholes model is to diversify your equity so that your lowest risk bond produces the same risk as your highest risk investment. When your investments have reached this equilibrium, then risk minimization has been achieved.[1] [1] www.kmv.com/Knowledge_Base/public/general/white /Portfolio_Management_of_default_Risk.pdf What is the Black - Scholes model? The model also called portfolio theory works under the following assumptions: 1) Price of the underlier is lognormally distributed 2) No transaction costs 3) Markets trade continuously 4) Risk-free rate is constant and the same for all maturities.[1] The model was first used for simple put and call options and now has been expanded for use with other financial instruments. This model is a mathematical model and certain variables are needed for the formula to work. These variables are the stock price, exercise price, time to maturity, volatility, and price of a discount bond that matures when the option does.

San Antonio School District Vs. Rodriquez Essay -- essays research pa

San Antonio School District Vs. Rodriquez Rodriquez was started by parents whose children attended elementary and secondary schools in the Edgewood Indecent School District. About 90% of the students were Mexican American and 6% were African American. In Rodriquez, the Plaintiff's brought a class action on behalf of school children who were members of poor families who reside in school districts having a low property tax base. They claimed that the school's confidence on local property taxation favors the more well off and violates equal protection requirements. The Supreme Court examined the Texas school finance structure and rejected this claim. They ruled that education was not a fundamental right under the Federal Constitution and that students did not have the right to attend schools funded on the same level as a nearby wealthier district. This case shows the lack of equal educational opportunities for many poor and minority students, which was present in many states. School districts in America involved much of the funding for public schools to come from local property taxes. By doing this it affected the disadvantaged students who attended schools in the area that had low property taxes. This decision essentially placed the responsibility of equitable funding for public schools in the hands of the states, and since that time many states have faced law suits and court decisions based on their â€Å"formulas† for funding public schools (Verstegen, 1998). One pro surround...

Relativism and Morality Essay

Relativism is the idea that one’s beliefs and values are understood of one’s society culture or even one’s own individual values. (Mosser, 2010). With that being said everyday a person from a culture conducts some kind of moral choice. The moral choice that he or she chooses may be viewed as right or wrong by other cultures. In this paper â€Å"some moral minima† by Lenn E. Goodman there are views of different aspects of morality and relativism and Goodman argues that certain things are just wrong. (antiessays. com). Goodman discusses issues on subjects such as slavery,genocide,terrorism,murder,rape,polygamy, and incest. I agree with Goodman on these issues because these is never a good time to kill for the sake of killing, rape for the sake of sex, or take ones rights away for the sake of gaining respect or wealth. Goodman basically discusses that every person whether it be man, woman, or child has the rights to live and be free from any and all inhumane treatment. Goodman’s main understanding is not to be quick on judging things we don’t understand, but to judge those things that are not morally right. I believe that all people are equal and have the right to live their own life as do the violators should have no rights to commit those unruly acts of wrong. Who are we to judge anyone or why should others have the right to murder, rape, or rip the rights of people away from them? The bible states, â€Å"do unto others as you would have others do unto you†. (Matthew, 7:12, Standard Version). I believe this is the best way to look at the situation on any of these issues. Some Moral Minima Based on different sociology dissertations, morality has been an issue that many societies globally have been trying to contend. This term is used to describe the code of acceptable behaviors in given context or society. On the other hand moral minima is a word that goes hand in hand with mortality. This essentially sets a standard or rather a principle by which the members of a society have to adhere to so that they may be considered to be operating within the limits of proper moral conduct. The advent of civilization has given room to various forms that moral minima can be derived. As such, morality has become an issue that is interpreted in different ways depending on the angle at which one looks or evaluates it. (Goodman,2010, p.87). Therefore, this has given rise to at least three areas where mortality is supposedly received or obtained. Firstly, morality can be considered relative to the laws of a given nation so that what the law stipulates as right then is morally upright. Secondly, morality can be said to have also been derived from religion where the various religion affiliations have their own holy books by which members are beseeched to behave in a certain manner. Finally, it is the personally source of morality. This is what has sparked a lot of controversy as is subject to millions of interpretation and understandings. Consequently, this is what I believe triggered influential philosophers like Lenn Goodman to spirited argument that there are some things, which are certainly wrong. In this regard, this study seeks to explore the credits or challenges Goodman presents in his assertions (Goodman, 2010, p. 88). Lenn Goodman argues that there are certain things that are simply wrong. Do you think Goodman is right? In Goodman argument, Goodman confirms the existence of four fundamental and universal things that fall under the category of wrong and unacceptable acts in society-moral minima. First is genocide that encompasses politically instigated famine and germ warfare. Second is the act of terrorism that also includes kidnapping and child labor force especially as warriors. Next category is polygamy that may also be extended to cover slavery and incest. Rape and female genital mutilation are also another category (Goodman, 2010, p. 89). The majority of what Goodman has outlined in her arguments in the eyes of most civilized population is regard as acts directed to deny any human beings the right to a comfortable life and as such immoral. Therefore, I believe that Goodman was extremely right to list down the ills that affect or can affect any society. (Goodman,2010 p. 90). Using specific examples, explore the challenges Goodman presents to relativism However, Goodman’s postulations have not been spared the critical thoughts of brains that’s always formulated questions to attempt and challenge facts. Considering that we live in a world where everything is subject to varied interpretations theory of relatively. Some of the Goodman’s ideas gravely contradict the customs and traditions, which have largely been acceptable in some societies. For instance, by saying that polygamy is simply wrong is quite controversial as is subject to a wide range of interpretations. Determine whether you think there are such universal moral requirements From the above instances, it becomes so clear that there is nothing like universal moral requirements. In fact, it is even exceedingly shocking to find out that even that behavior or action, which generally is wrong, is being practiced somewhere else without raising eyebrows. Let us take a case of terrorism. Evidently, human life is sacred, and every person would love to live forever. However, consider the terrorism acts that are being carried out by some Muslim extremists in the name of fulfilling religious obligation- holy Jihad (Goodman, 2010, p. 92). (www. blogspot. com) The above discussion makes me conclude that it is simply impossible to have universal moral minima. In my honest opinion I really am not sure and will never be fully sure if Goodman will be completely right forever. The way the world is constantly changing on a daily basis it’s hard to say what will happen in our future. Basically we all will have to just take it day by day. In addition, considering that no one is one hundred percent perfect it is wrong and unacceptable to stick in totality to the ideas of one person without questioning. Therefore, relativity ultimately haunts the universe as far as moral minima are concerned (Goodman, 2010, p. 93). (www. blogspot. com) REFERENCES: Mosser, K. (2010). Ethics and Social Responsi,bility. 13500 Evening Creek Drive North, Suite 600, San Diego,CA 92128: Bridgepoint Education

The Rise of Social Media

â€Å"Man is a social animal†, goes the popular adage. Interaction with fellow beings is a vital part of being human. Community makes us feel complete through exchange of ideas and knowledge. It is therefore not surprising that we constantly try to find better and faster means of communication and information sharing. Our relentless efforts in these areas have led to a phenomenon whose far reaching impacts make it nothing short of a global revolution. That phenomenon is the rise of Social Media.If the internet gave birth to a revolution in the way we stored and sought information, then social media has brought about a revolution in the way we exchange and use information. â€Å"Social Media† is a term that is relatively young of age. It’s definition on â€Å"Wikipedia†, which ironically is also one of its most glorious examples, reads – â€Å"media designed to be disseminated through social interaction, created using highly accessible and scalable publishing techniques†.Examples of social media include weblogs, social networking sites such as Facebook and My Space, information sharing platforms such as Wikipedia or Twitter, and media sharing platforms such as YouTube. Before the explosion of social media, dissemination of information on a large scale was majorly restricted to â€Å"mass media† such as internet websites, newspapers, television and radio. Broadcasting information using these channels required at least some level of technical or professional expertise.Over the past few years however, development of web technologies that simplify mass collaboration has revolutionised the way content is produced and shared. Now anyone with a computer (or a mobile phone) and internet access has the ability to almost effortlessly share information across the globe and make their views heard, right from their homes, without the need to have significant resources or technical skills at their disposal. The rise of social m edia has had a tremendous influence on the way I and billions around the world think, communicate, learn and behave as we take on different roles during a normal day.Some of those roles being â€Å"the social animal† , â€Å"the global citizen†, â€Å"the consumer†, â€Å"the student†, â€Å"the activist†, â€Å"the professional† and â€Å"the common man†. Me the social animal Looking back though, a lot of the social media platforms didn’t exactly start off doing what they do today. Sites such as Facebook or MySpace started off with a simple objective of allowing people to keep in touch with near and dear ones. My first experience with such a medium was through a networking site called â€Å"Hi5†, as a means to keep in touch with friends.Twitter started off as a simple web equivalent of text messaging. In those nascent stages these platforms allowed people to socialise and to be entertained, hence serving the social anim al in all of us. However, radical changes in these mediums over the last few years have forever changed my perception of their usage and potential. Me, the global citizen Perhaps the most significant change these platforms have enabled is to level the playing field. No longer do I need to be a media celebrity or a seasoned journalist to make my views heard.Mediums such as blogs and twitter give everyone a chance to stand up and be counted. What this has done is to make the world of information sharing truly democratic. The impact of this development has made those in high up places acknowledge the power these mediums hold. When US president Barack Obama was inaugurated into presidency in January 2009, CNN and the Whitehouse collaborated on Facebook to stream the broadcast to a worldwide audience. I remember getting the Goosebumps while watching the stream that generated 600,000 messages.All those messages flashing endlessly on my screen brought about the feeling that I was a part of a global debate. The Obama administration extensively used twitter to reach out to people all around the world. What this has done is to change my perception of how election campaigns or political debates can be carried out. Over time I feel more and more leaders worldwide will need to embrace such mediums if they really wish to have a global outreach. Me the activist Social media has also changed the way we can promote social causes.A great example of this is of â€Å"Earthour. org† in 2009, when Facebook and YouTube were extensively used to co-ordinate a worldwide movement that encouraged people to turn off their electrical appliances for one hour to promote awareness about climate change. This remarkable concept managed to mobilize people from more than 4000 cities all around the world. The event which enabled people in any part of the world to come together and be a part of a global cause has radically changed my view of how global movements can be initiated.All one has to do is to choose a cause and they will have multiple mediums at their disposal to spread the message. Me the consumer In the commercial space, Social media marketing has grown leaps and bounds. Dell attributed $6. 5 million worth of sales to twitter in 2009. What has made corporations adopt such mediums so readily is the opportunity to reach directly to me, their consumer. What’s significant is that now instead of being a spectator; I can also provide my feedback, suggestions or grievances about a product directly to the people that make it, instantly.Not only does this empower me as a consumer, it also provides corporations a very effective medium of targeting the right demographic and audience, optimising their production and efficiency in the process. Me the student Since its very inception, Social Media has held tremendous potential in knowledge sharing. As the world gets smaller and smaller, more and more students look to study in universities across the globe. This ma kes it critical that the institution reaches out to me, the student; to provide the right information at the right time.Going beyond the normal website, phone and email, more and more institutions are establishing an online presence on sites such as Facebook that allow them to reach out to a highly active and driven audience. Taking Oxford itself as an example, Said Business School’s Facebook page allows potential students to directly interact with representatives from the institution and also see what other students have already discussed. Not only does this simplify communication, it also reduces overheads of redundant emails or phone calls. Social media also provides a global platform for talented individuals to share their skills and knowledge.A great example of this is YouTube. I had always had a keen interest in learning to play the guitar. However, a hectic work schedule and high costs of a private teacher meant that private schedule bound lessons were not a viable opt ion. Instead, I started using the numerous video lessons available on YouTube put up by talented musicians with a view to sharing passions. This is nothing short of a learning revolution as it gives anyone the chance to take lessons on anything from cooking to advanced maths free of cost, at a time and place that suits them the best, with option to play and pause as much as they like.Me the Professional Professionally, social media has had a tremendous impact on the way I work. A few years back when Wikipedia came up, I and a few colleagues were hugely impressed with how it took collaboration to a whole new level. Inspired by the concept, we started experimenting with our own internal Wiki-based organisation wide information sharing platform that would promote collaboration between employees across different teams.Upon its completion, it provided an easy to use medium for our associates to share, discuss and collaborate on topics ranging from technical concepts to HR processes to id eas for the next cultural event. Social media avenues such as blogs are also changing the way that managements communicate with their employees. In a lot of organisations including mine, more and more managers have started maintaining blogs where they share their views on a variety of professional and non-professional topics. I feel it’s a fantastic way of really reaching out to your employees.It is more effective and personal than the general â€Å"CEO’s message† emails that otherwise get churned out. By getting instant feedback on their blogs from enthusiastic employees, leaders can quickly feel the pulse of the organisation and use that knowledge to make better decisions. Me the common man If there is one aspect of social media that has influenced me the most in recent times, then it has to be its effectiveness in ensuring a lightning fast flow of information in times of national calamities, unfortunate incidents such as terror attacks or political unrest.Rec ently, platforms such as twitter have been critical in ensuring an immediate spread of information across the globe. When the unfortunate terror attacks took place in Mumbai in November 2008, frantic phone calls from anxious friends and family members to the city from had started saturating the cell phone networks, unable to reach my friends, I was reassured of their safety through their twitter updates. At the time, even news agencies were following twitter updates from citizens to get a view of the ground level reality.Over time, we have seen such micro-blogging mediums play an ever increasing role as reliable mediums of breaking news. This development has revolutionised my perception of journalism. In essence, it allows the common man to become a reporter and provide his own perception of the latest breaking news to entire world. Two sides to a coin My Strong beliefs on the significance of social media however do not imply that I do not acknowledge the shortcomings of the social media revolution. There are two sides to a coin.Some of the factors that make social media great also lead to some of its shortcomings. The widespread and free availability of social media often lead to an overload of content. Such high volumes mean that finding relevant and useful content often becomes a challenge. I believe that there need to be more efficient filtering mechanisms developed to enable faster sourcing of content that’s relevant. The anonymity that the internet provides to everyone makes social media platforms vulnerable to misuse. Examples of dubious elements harming naive web users are widespread.There is a need to promote a more educated use of such mediums and to establish more stringent controls to help counter such misdoings. Social media has often also been criticised for the work/life balance that it tends to disrupt or the productivity concerns it raises when people use social networking sites at work. Spending too much time online cuts one off from r eal life and defeats the very objective of collaboration. I feel this is more down to the individual, and as is true of everything in life, a balance needs to be maintained. Tip of the IcebergTo conclude, I feel what I’ve seen so far is only beginning and social media is only going to keep bringing about radical changes to what I perceive to be the definitive ways of information sharing and communication. Social media has proven itself to be a very powerful tool of empowering the individual to become a part of a global community. My beliefs in the potential of social media have only strengthened over time and I feel that the constant developments in this field will ensure that the way we communicate, educate, collaborate and trade will never be the same again.

Does Technology Make Us More Alone? Essay

Technology is supposed to make us more connected. We can stay in touch with our friends all the time on Facebook, Instagram, and Snapchat, and obviously by texting or messaging. But are our smartphones actually getting in the way of real socializing? Could technology be making us more alone? Even though technology helps us to communicate with people around the world but it also can make us become more isolated. â€Å"Get connected† is a phrase that we have grown accustomed to hearing and seeing in the 21st century. With technology developing faster than ever, the digital world is at our fingertips. Some might say that the introduction of social networking has helped to bring people closer together all around the world. Though our online communities may have a likeness to real-life societies, they are in fact nothing but numb conceptions of our day to day lives fuelled by self-pride and egoism. With our reliance on social media sites such as Facebook actually cutting us from real-life society, it is a sad truth that mankind is looking at a very forlorn and pitiful future. Instead of meeting someone in person and hanging out with them more, we tend to text or utilize our smartphones to talk to people. Technology makes us more alone because we are always depending on our phones and other technology; when we start to get too attached to our gadgets, we start to compare our life with the lives of others, and we just ourselves with the amount likes and followers someone else has. Besides, being lonely is a big deal. Research revealed that being lonely is even more dangerous to your health than being overweight. Loneliness can increase your risk of dying by 26%. According to The Independent, â€Å"Recent research indicates that this may be the next biggest public health issue on par with obesity and substance abuse.† Technology is great if we use it correctly with a certain limit, if we do not it is going to tear our lives apart if we become too attached to it. We are more focused on talking to someone thousands of miles away rather than someone who is right next to us. When we use technology constantly it makes it harder for us to interact with people in real life. The more time we spent on our phones and televisions the harder it will be for us to interact and talk to people in the real life. Research has shown that people who have lots of friends tend to be happier, healthier and they live longer than the ones who do not have many or any friends in real life. Many people build relationships online and for a while, they would not feel lonely but over time we will feel frustrated because we cannot interact with the other person face to face. We scroll through our Instagram in silence when we are in the car with your family. We text our friend instead of meeting them in person. It is easier for us to make friends virtually than in real life. This shows how attached we are to technology. Being too focused on a screen makes you forget the difference between being alone and being lonely. Technology negatively influences our social interaction, it makes people more socially awkward and lonely. In fact, a study by greater good suggests that â€Å"smartphone use may be taking a toll on our biological capacity to connect with other people†. Technology is affecting our society in a negative way, but that does not mean that we are going to stop using technology, it has come to stay. But it is up to us to decide how much we let technology domin ate our lives. At the end, it is always our decision if we want to see the world through a screen or your own eyes.

Enzymes in food production

Enzymes in food production BY csw29 Explain the use of enzymes in food production by means of examples. You must include the example of lactase. Enzymes are proteins that speed up the rate of chemical reactions (up to a million times) in living organisms. Acting as catalysts they are not consumed nor altered in the process of converting the specific set of reactants into specific products. In food production, enzymes are greatly appreciated by their accelerated effect in biochemical processes and are mostly used in what we know as fermentation.Humans have been using the process of fermentation for centuries. Fermentation consists of a chemical breakdown of any substance by the means of bacteria, yeast or other microorganisms. It has the added benefit of preserving our food longer. Here are a few well-known examples of fermentation processes. The Rennet is a natural enzyme mixture (found in calves' fourth stomach), in which the enzyme chymosin destroys the kappa casein protein.This al lows the milk to coagulate and to form the curd (solid separated from liquid). Another very old example of fermentation is the use of enzymes to transform grape Juice into wine. Preparations of enzymes (there are many such as: pectinase, cellulase, glucanase and glycosidase) are used in wine making to decompose grape pulp, break down skin cells and amplify and improve the fermentation process in general.Using enzymes also allows extracting more Juice out of the grapes as they destroy the pectin (present in the walls of grape cells). Pectinase (a structural heteropolysaccharide) is what prevents wine makers to get the full potential of must quality. Biotechnology is really Just inventing new ways to ameliorate these old processes of ermentation, by genetically modifying and optimizing microorganisms for the production of enzymes. Furthermore, this allows us to eliminate the reliance on livestock for these enzymes.However, while the microorganisms are genetically modified, the enzymes produced are identical to those found in nature. Enzymes are then utilized in order to make fermentation more efficient in making improvements to the quality of our food. For instance, enzymes are used in the manufacture of fruit juice, corn syrup, beer, cheese, yogurt, sausage and many other foods and drinks. As a matter of fact food producers use over 55 different enzymes to manufacture many finished foods present in our daily diets.

Nature in contemporary art Essay Example | Topics and Well Written Essays - 1500 words

Nature in contemporary art - Essay Example The essay "Nature in contemporary art" discusses the concepts and representations of nature in contemporary art. In situations where the form of the earth as life's foundation is laid onto nature, it personalizes truth and validity endangered by technology. As a result, many philosophers have incorporated this firm earthly groundwork as a signal of the roots with which the individual continuously seems to demand. When a polemical analysis was made by Heidegger (already a classic) of the shoes painted by Van Gogh, he was focused to the path below the shoes worn. This is because he thought, the path was taken by a peasant woman in relation to the actual shoes. This translated to the fact that it was a trail of compressed earth, of steadiness with solidity, a path which was not misleading or artificial. A representation of nature exists from where once changes it to a situation where one â€Å"shapes† it. As a result, nature exists as the "raw material" for the land art. This is as illustrated in the works of Richard Long, Walter De Maria, and Robert Smithson. In Smithson's work titled â€Å"Spiral Jetty," nature, the world, the lake and the gravels coupled with the sky are the fashioned material. This can be explained by the fact that it is as if man wanted to channel himself against nature. This circumstances resulted to a change thus realize a beautifulness that appears to be renounced to him in daily life. When Walter De Maria made his â€Å"Lightning Field† statue in the desert, he appeared to be convincing nature. to act in a given way.8 He fails to take an inactive attitude in the company of the elements, resulting to failure to signify. This is because he slightly seeks to feel what is ordinary and lively in them and to make an artistic experience of it. It is important to note that the â€Å"land art† of the 1960s and 1970s seemed to make a new attempt to come to an understanding with nature in a way similar to or at least associated with the approach of prehistoric artists.9 Artistic obligation does not always go the way of the outstanding. Smithson's quay, Long's lines and circles pegged with De Maria's lightning are considerable to the individual expecting them. Turrell's spaces appear to be homes for anybody encircled in them.10 Furthermore, they appear as vantage areas from which one might effectively take ownership of the sky. On the contrary, the wax and coal dust utilized by Eva Lootz, or Adolfo Schlosser's rod branches and skins, are natural and forms the "raw material" for their creative activity.11 As a result, they give a convinced and minimal measure of nature. For example, the breeze that sets in motion a Calder mobile, the paraffin, coal dust or wax lightly gathering on the object or on a flat surface, and the tautness of the frail determined branch constructed into one of Schlosser's pieces.12 It was noted that, in the work of all these artists in the example stated above, apart from underlining itself by its glory and seriousness, nature announces its self-effacing delicateness. With the lapse of time, the relationship between art and nature has determined creative art. This is because the beginning of nature entertained by the numerous human communities strengthened or altered this relationship. Primitive man utilized the natural elements, whereas the romantics fanatically desired to capture a nature that escaped their grasp. Friedrich's traveler staring from patronizing

Reading Response Essay Example | Topics and Well Written Essays - 1000 words - 2

Reading Response - Essay Example He says that poverty is an indication of ignorance and crime. After he saw three handcuffed men being taken away, he that they were not rich men and without knowing their criminal offence, he knew that poverty had contributed to their misery. He then says that poverty contributes to nine tenths of the human miseries. He holds that poverty is a crime since it seems to him that majority of those suffering from poverty are not poor due to their own faults, but as a result of conditions that have been created by the whole society. It is a mans decision if he chooses to be poor but when others are involved, he is responsible for the criminality. He says it is true on the analogy of the priest and the man selling soap. The man would rather be that poor doing dubious business to provide for his family than to have his soul saved. He says that poverty is not brought about the natural means but by the human actions evident when people seek shelter and children with the women suffering the mos t. Poverty problem is not noticed in nature but in a civilized world. He says that the root cause of poverty is primary injustice and the monopolization of land. He is logical in his speech. He differentiates crime from being poor when he states that poverty is a crime but being poor is not a crime and murder is a crime but being murdered is not a crime. He also explains that poverty is curse for both the rich and the poor; they all live in the same areas and breathe the poverty since it is like air. He argues that forcing poverty to other people is a crime and blames the society for the poor conditions of poverty. He defends the poor but also argues that they are partly responsible for poverty. He also uses logic when he states that poverty is a result of injustice and monopolization of land that has enslaved others in the name of freedom. George uses pathos when he argues that poverty would not have been a crime if it was divine but

Managemant Movie Review Example | Topics and Well Written Essays - 750 words

Managemant - Movie Review Example In retrospect, the financial crisis was the result of a financial bubble in which assets, such as stocks, bonds, homes, financial instruments, and anything of economic value, acquire an inflated market price in relation to their actual, or intrinsic value. In other words, this crisis was the result of speculation, lack of government regulation, absence of any foresight on the part of financial regulators (such as the Federal Reserve Bank, Securities and Exchange Commission, the Congress, and ultimately, the financial industry to self-regulate), and the greed of investors to throw caution to the winds and take big, irrational risks. The film was produced and directed by Charles H. Ferguson which made extensive research into the causes of the worst financial crisis this generation has seen, narrated by actor Matt Damon, and co-edited by Chad Beck and Adam Bolt. In hindsight, the cause of the crisis originated several administrations back, to the presidency of Bill Clinton, when the banking regulation that mandated separation of banking and investing functions of banks got scrapped, which in effect created a moral hazard, in which the financial industry took huge risks. The elimination of the separation of banking and investment created a frenzy to make big profits out of new financial instruments called derivatives, such as collateralized debt obligations (CDO) and its twin, the credit default swaps (CDS). Further, investment bankers did not want their industry to be subjected to oversight and regulation, arguing that this goes against the spirit of enterprise, capitalism, and free markets. The bankers specifically refused to agree to put limits on their leveraging activities, which created a financial house of cards to maximize their profits with only a small capital needed to finance large transactions. The financial crisis which started in 2008 ironically produced

Business descision making Essay Example | Topics and Well Written Essays - 3000 words

Business descision making - Essay Example To begin with, the report will look at the background to the study and the hypotheses which will discus the project plan and implementation strategies. Then a review of relevant literature will be discussed followed by the choice of methodology that was used. This will be followed detailed findings and analysis section in which the results are analysed and presented. Finally there will be a last section on the conclusions derived from the analysis and recommendations. RH car are have noted that its customer base is declining due to low levels of customer satisfaction. A brain storming meeting thought that the best way to iprove customer satisfaction is to have as many cars as possible that match prospective customer requirements. They thought that if many customers as possible find their near-match car at RH there would be good sales and a number of positive referrals. This business report is as a result of a research to find out what the customer requirements are. Primary and secondary data were collected to determine these objectives. The primary data collection was done by gathering data from a random sample of 150 people from UK by way of a set of questionnaires that primarily asked the factors that most clients would consider when looking for a car. The data was then analyzed and presented in form charts and graph in the findings and analysis section of this report. Secondary data collection was done by analyzing the accounting record and customer records of RH cars and other car companies’ websites and these form part of the literature review of this research. Moreover, this research also looked at aspects of management information systems and appropriate information processing and management tools that can be employed for effective management at operational, tactical and strategic levels of an organization. To augment these tools, financial