Wednesday, July 31, 2019

Halloween & Christmas? Similar or Different? Essay

When you think about Christmas and Halloween you think that they are two completely different holidays. But are they really, are they completely different or are they the same thing just celebrated at different times in the year. Well thats what we are going to find out. Christmas celebrated on December 25 and Halloween celebrated on October 31 very unique holidays with many questions to be answered. Lets start with Halloween since that comes first in the year. Halloween is a holiday celebrated at night on October 31st. The word Halloween is shortening All Hallows’ Evening also known as Hallowe’en or All Hallows’ Eve. The traditional activities include trick-or-treating, bonfires, costume parties, visiting â€Å"haunted houses† and carving or painting pumpkins into jack-o-lanterns. Irish and Scottish immigrants carried versions of the tradition to North America in the nineteenth century. Other western countries embrace the holiday in the late twentieth century including Ireland, the United States, Canada, Puerto Rico and the United Kingdom as well as Australia and New Zealand. The ancient Gaels believed that on October 31, the boundaries between the worlds of the living and the dead overlapped and the deceased would come back to life and cause havoc such as sickness or damaged crops. The countries this scary holiday is celebrated in are; Austria, Korea , Belgium, Mexico (day of the dead), Canada, Latin America, China, Spain, Sweden, Czechoslovakia, England, France, Germany, Hong Kong, Ireland, and Japan. Christmas is both a sacred religious holiday and a worldwide cultural and commercial phenomenon. For two millennia, people around the world have been observing it with traditions and practices that are both religious and secular in nature. Christians celebrate Christmas Day as the anniversary of the birth of Jesus of Nazareth, a spiritual leader whose teachings form the basis of their religion. Popular customs include exchanging gifts, decorating Christmas trees, attending church, sharing meals with family and friends and, of course, waiting for Santa Claus to arrive. December 25–Christmas Day–has been a federal holiday in the United States since 1870.

Tuesday, July 30, 2019

Is Wal-Mart Good for America? Essay

This direct quote from Wal-Mart founder Sam Walton, was placed at the top of their website to nform its consumers of their general management philosophy. It is meant to instill a feeling of comfort that such an enormous multinational retailer still manages to hold on to its small town founder’s values. Provide people with the lowest possible prices on items that they need, whatever the cost. This slogan of always providing the lowest prices has made Wal-Mart the largest retailer on the planet and they generate billions of dollars in profit annually. But is Wal-Mart good for America? On the surface it would seem that providing a customer with an item at the lowest possible revailing question, one must more closely examine the mechanisms by which Wal- Mart is able to provide merchandise at such bargain basement prices. Providing people the lowest possible prices, whatever the cost. In this case, these low prices are being provided at the cost of the environment, Wal-Mart vendors, Wal-Mart employees, and even the American taxpayer. As the â€Å"Wal-Martization† of America is forcing businesses to outsource their Jobs oversees Just to stay solvent, it creates a problem here back home of people not being able to pay their bills and maintain adequate living standards. Is Wal-Mart creating the greatest good for the greatest number? Or are they Just creating the greatest good for their executives and investors? This reflection paper will attempt to analyze and answer these questions as we dive deep into the culture of Wal-Mart and its effect on society domestically, as well as globally. The two dominant points of view used to analyze corporations and their overall purpose could be summarized by the terms â€Å"stockholder† and â€Å"stakeholder† management. The former was championed by the well-known economist Milton Friedman. He believed that â€Å"a corporation’s primary and perhaps ole purpose is to maximize profits for stockholders†¦ † (Arnold, Beauchamp ; Bowie, 2013) Friedman would view Wal-Mart as a corporation that acts solely in the best interest of their stockholders. Wal-Mart is notorious for not paying their employees very high wages and not offering much to their employees in terms of retirement benefits and health care coverage. At least when compared to other successful competitors such as Costco, Wal-Mart clearly comes up short in this department. The latter point of view mentioned was made popular by Edward Freeman in his essay, â€Å"Managing for Stakeholders. In it he argues that â€Å"the primary responsibility of the executive is to create as much value for stakeholders as possible, and that no stakeholder interest is viable in isolation of the other stakeholders. (Freeman, 2007) When we speak of stakeholders, we are referring to the five basic groups that stand to gain or lose from corporations. These groups are customers, suppliers, employees, the local community and the stockholders. Freeman argues that no one stakeholder’s interest should be taken at the expense of the others and that all must be considered by a corporation when it comes to making the best decision. While the â€Å"Friedmanite† view has been seen as the classical dominant view on corporations and their purpose, the stakeholder view on management has been gaining speed over the last thirty years and cannot be underestimated or undervalued these days as companies struggle to stay competitive in a massive global economy. In terms of all stakeholders involved, both Friedman and Freeman would agree that Wal-Mart is acting in the best interest of their stockholders primarily. This benefit to the shareholders is at the expense of all the other stakeholders. The customers will suffer due to the lack of uality of items purchased. Wal-Mart outsources a great deal of their production to China to save on labor and production costs. As a result, the common saying â€Å"you get what you pay for† holds true. These items that Wal-Mart sells in their stores tend to be of inferior quality, and that â€Å"quality’ is passed on to the consumer. The employees suffer because they are not able to earn a decent wage to live on. According to an article written by Wayne Cascio, Decency Means More Than â€Å"Always Low Prices†: A Comparison of Costco to Wal-Mart’s Sam’s Club, he indicates that â€Å"The age is hardly enough to live on these days with gas prices where they are and the average cost of living going up. I know I couldn’t live on 10 dollars per hour. These low wages actually end up costing the American tax payer in the forms government assistance programs such as Medicaid and food stamps. In a study conducted by the Institute for Labor and Employment at the University of California, Berkeley, â€Å"taxpayers subsidized $20. million for medical care for Wal-Mart employees in that state alone. † (Cascio, 2006) Suppliers suffer because they are forced to accept the ontracts that Wal-Mart offers them to provide their products in their stores that essentially eat up their profits. The local community suffers because when a new Wal-Mart is built, smaller stores struggl e to stay competitive due to the fact they cant keep up with the prices that Wal-Mart charges for their product. They do not have the ability to outsource production and so they eventually go out of business. While Friedman and Freeman would believe that Wal-Mart is primarily serving the interests of their stockholders while disregarding all other stakeholders, John Boatright would ffer an alternative hypothesis on the issue. In his article, what’s wrong-and what’s right-with stakeholder management, he argues that â€Å"†¦ a business organization in which managers act in the interest of the shareholders can also be one that, at the same time, benefits all stakeholder groups. † (Boatright, 2013) He goes on to provide his definition of what a firm is and what their purpose should be. Boatright defines a firm â€Å"†¦ s a nexus of contracts between a legal entity called a firm and its various constituencies, which include employees, customers, suppliers, investors, and other roups. † (Boatright, 2013) It is believed that by each group providing their own services in a Joint effort with a firm, that the greatest financial return will be achieved. From Boa tright’s point of view, he would view the business philosophy of Wal-Mart as one that does benefit all the stakeholders. Customers benefit by having more purchasing power. They can walk into a Wal-Mart and purchase more items than they could at any other retailer.

Monday, July 29, 2019

Russian Policy Essay Example | Topics and Well Written Essays - 750 words

Russian Policy - Essay Example Strobe Talbott, the presidential advisor to President Clinton, in his book, ‘The Russia Hand: A Memoir of Presidential Diplomacy’, has provided a vivid account of the period especially with regard to the relationship with the former Russian President, Boris Yeltsin and his subsequent fall from grace. It should be noted that the author is qualified to write his opinions and observations since he played a vital role in US Russia relations during that period. He has had personal access to all the primary stakeholders in the process including Clinton, Yeltsin and later with Vladimir Putin. The book, written in the form of a memoir clearly states that the era of Putin would not have occurred without the era of Yeltsin. This would create an impression that the transition was a smooth one planned by Yeltsin, but it is far from the truth. The relationship between President Clinton and his Russian counterpart was unprecedented in the history of the United States. It is said that the number of meeting between the US President and Yeltsin outnumbered the total meetings by all the US and USSR premiers in the past. President Clinton was of the view that the cold war attitude of former presidents including Eisenhower and Truman is no longer relevant in the changed circumstances (Talbott 133). It required a closer approach devoid of suspicion and intrigue that had been characteristic of the attitude between the two superpowers of the time. Yeltsin who had continued the reforms of Gorbachev was in an unenviable position. The country was opening up to reforms which included to a large extent, private business and ownership. People were optimistic about a situation where free market enterprise and freedom of thought and speech would result in a resurgent and prosperous Russia. But the actual situation is his country was far from rosy or perfect. A country used to Communist rule

Sunday, July 28, 2019

Negotiation skill Essay Example | Topics and Well Written Essays - 3000 words

Negotiation skill - Essay Example The events that unfold in the incident begins in 1976 when Thomas K Seligman, the then curator-in-charge of Africa, Oceania, and the Americas for the museum, is informed about the bequeathing. He is shown Mr Wagner’s handwritten will stated that the deceased ‘hoped’ that the museum would pay all costs for settling his estate in return for the priceless murals. Mr Seligman is informed the museum’s lawyer said that this would give rise to certain ethical and legal problems with Mexico, the original source of the murals. A temporary solution was arrived at when Crocker Bank who was in charge of the assets of Mr Wagner and the other legatees agreed that the murals may be kept in the museum until a more permanent solution was arrived at. What follows next is an example of successful international negotiation that was to last for the next ten years. The problem referred to by the lawyer came about because in 1972, four years before the incident, the UNESCO had passed the â€Å"Convention on the. Means of Prohibiting and Preventing the Illicit Import, Export, and Transfer of Ownership of Cultural Property." Its implications were relevant here because it was not sure whether the murals had been on American soil with the permission of the Mexican Government. This was further complicated by a treaty between the Mexican and US Governments called the â€Å"Treaty of Cooperation Providing for the Recovery and Return of Stolen Archaeological, Historical and Cultural Properties between the United States of America and the United Mexican States." The treaty gives special mention to wall art and there is no doubt as to the fact that murals are classified as wall art. Lengthy discussions were done with historians, other museum s and lawyers followed and what ultimately became clear was that no relevant precedents existed. One related incident involved a bronze of Nataraja that once belonged to a temple in South India

Saturday, July 27, 2019

The Professional Advice to Rio Tinto Japan Assignment

The Professional Advice to Rio Tinto Japan - Assignment Example Rio Tinto launched a damage control and public relations initiative that was meant to arrest the situation and prevent the company from incurring other major losses as a result of the earthquake (http://mcmaweb01.curtin.edu.au/ 2013). Although it was a success to a certain degree, the company accepted that it had been caught grossly unawares and unprepared (just like Japan) and therefore needed to build a level of preparedness that is sufficient to deal with such situations. This paper is aimed at achieving three things: providing professional advice to Rio Tinto Japan on how to handle the issues that arose from the earthquake. This will be basically done in four ways: a) Developing and using decision criteria to justify the choices among the ‘alternative’ courses of action. b) Based on the decision criteria, developing a range of realistic alternatives to address the ‘issues’ identified c) Deciding on a solution to the ‘issues’ derived from the ‘alternatives’. For each ‘alternative’, providing a justification for the solutions chosen or rejected. d) Providing realistic suggestions on how those ‘solutions’ could be implemented at Rio Tinto. ... It is my intention to avoid making a similar mistake when writing this paper, by being clear and objective with my points and presentations. At the end of this paper, I hope to have come up with a feasible and practical framework to guide Rio Tinto not only on how to handle the effects of the earthquake, but also to build a level of preparedness that makes it capable to deal with a broad range of disasters if and when they happen. I also hope to provide the company with invaluable advice on how to approach the issue of disaster management as a whole, and not just earthquakes. The company will, therefore, be able to avoid a similar scenario in the future. Decision Criteria a) Before formulating the decision criteria, it is important to outline the choices among the ‘alternative’ courses of action and accompany them with the appropriate decision criteria. Choices among the ‘alternative’ sources of action Decision Criteria Training employees on disaster prepare dness Awareness on how to react in case of a disaster. Conducting regular ‘drilling’ exercises Alertness and readiness in case of disasters Reconstruction of the office building to make it capable of withstanding certain disasters The office building should act as a buffer itself by protecting inhabitants from the initial effects of disasters. Acquiring and installing equipment to facilitate safety in case of disasters Warning mechanisms, protective equipment Improving and building communication Facilitate the sharing of information despite the occurrence of a disaster, hence making it easier to pursue courses of action.  

Friday, July 26, 2019

Why did London attract such a large and diverse flow of immigrants Essay

Why did London attract such a large and diverse flow of immigrants - Essay Example Lasting four days, the fire destroyed 87 parish churches and 13,200 residential houses, killing several citizens and leaving 70,000 homeless. This essay will give a description of the rebuilding of London just after the Great Fire and what it meant for the city as well as the outlook of immigration at that time. It will further address significant events in the growth of the city relating to immigrant groups that arrived in different time periods upto the period after World War Two (WWII) and the early 1960s. Each group impacted differently on the city, contributing to different aspects of life ranging from clothing, cuisine, architecture and the industrial revolution. Most of the wooden structures and the springing slums were destroyed by the fire, resulting in devastating economic and social problems. To facilitate reconstruction, King Charles II initiated and encouraged resettlement to other areas amidst fears of rebellion from dispossessed refugees. This led to depopulation of th e city just after the fire. Disputes between landlords and tenants were settled by a specially convened fire court to decide who must rebuild, and most of the plan of the old city was used for rebuilding. However, new regulations were also included such that the plan, additionally, had improved fire safety and hygiene standards, stone and brick structures, wider streets, communication infrastructure and no obstructions to the access of river Thames. A monument was also built near Pudding Lane in commemoration of the fire, together with the famous St. Paul’s Cathedral and 50 other smaller churches. The rebuilding process was slow, and within one year, the new houses did not number more than 200. However, things soon picked up and 7,000 new buildings had been completed by 1671[8]. The emergent city was by the standards a modern one, attracting back the population and wealth that had shifted to London’s suburbs and the Town. New insurance companies were also set up to fig ht fires. Presently, the houses in Spitalfields along Folgate Street in eastern London, grand and terraced, reminds any visitor to London of the refugee silk weavers who designed and constructed them[1]. Although it existed before the Great Fire of London, silk weaving was one of the economic successes that attracted immigrants to London in the late 17th century and early 18th century. It was initially introduced by the French Protestants, known as the Huguenots, along with the manufacture of guns and clocks[2]. They arrived in London fleeing a wave of persecution in their home country and were welcomed by King Charles II, joining the Jewish settlers who had earlier been expelled but allowed back into London by Oliver Cromwell. At the end of the 17th century, there were an approximate 50,000 Huguenots and 20,000 Jews in London, most notably in the Spitalfields area, who were later joined by the Bangladeshis. Recently, estimates have shown that 25 percent of London’s contempor ary population has a Huguenot ancestor. However, mass transfer of silk weaving technology into London was via Netherlands from the Far East, Middle East and Italy, during which time, early signs of an interwoven thread of cultures and ethnicities, often contrasting, began to show. By 1713, silk workers migrated from most parts of Europe into London, and the city employed close to 300,000 immigrants skilled in the industry[4]. This influx of immigrants was fuelled by the royal family’s presence in London and the fact that the city was home to England’

Microbial stress and food processing Lab Report

Microbial stress and food processing - Lab Report Example 2003). In the due course, these unfavorable conditions as well as the stress might lead to population that includes health, unhealthy and dead cells. In these regard, the experiment aimed at exposing the E-coli strain to different unfavorable conditions that reflect stresses experienced in real food production. Therefore, we wanted to know how these conditions affect the organism. This was established through microbial count with the use of Miles and Misra technique. Also flow cytometry technique was used and has the capacity of measuring the live dead and injured bacterial cells. In the experiment, two techniques were used to determine the effect of these unfavorable conditions that reflect the stresses experienced in the real food production. These techniques include Flow cytometry technique and Miles and Misra technique. For the flow cytometry, its principle of operation is based on the viable cells and dead cells, whereby for the viable cells, the dye has the capacity of penetrating the cell membrane. In case of cell surface proteins, the dye will react with it and dim staining will be observed. For the dead cells, the dye has the capacity to permeate through the destroyed membrane and then stain both the inside and outside (reacts with the amines to form a more intense staining. There is a 50-fold difference in the fluorescence intensity between the dead and live cells. In relation to this, after the exposure of the bacteria to these unfavorable conditions, we were able to determine the dead and the viable bacteria then made a conclusion in regards to th e effect of these conditions (Goodson and Rowbury 1989). The dye used for the flow cytometry was Propidium iodide(PI) and oxonol DiBAC4 (BOX).These two dyes are normally used together whereby they are excited by the same laser but the emission spectra is different ,hence being detected distinctly. PI normally

Thursday, July 25, 2019

Risks in the Oil Industry Dissertation Example | Topics and Well Written Essays - 11000 words

Risks in the Oil Industry - Dissertation Example From this study it is clear that while currency may be the central thorough-put of social organization, it is forms of energy that drive the social apparatus. Energy in the form of petroleum, or oil, constitutes the predominant energy form of the modern world. Despite growing concerns about environmental sustainability, and the oftentimes-tumultuous conditions and nations that must be traversed to obtain oil, for the conceivable future this resource is Earth’s primary energy source. The central importance of oil to modern society has necessitated considerable public and private resources are devoted to its procurement. In addition to procurement infrastructure, financial markets have emerged for the sale and speculation on future prices. Oil is a complex resource that must be understood from multi-dimensional perspectives.This paper highlights that  oil is procured mainly from drilling methods, including offshore reserves. There are a variety of grades of oil, referred to as benchmarks, a fact that has necessitated differing terminology. To a large degree crude oil benchmarks emerged with the first futures contract on oil in 1983. Today there are three primary benchmarks: West Texas Intermediate (WTI), Brent Blend, and Dubai Crude. West Texas Intermediate is most prominently used in the United States. WTI is also recognized as the highest grade of oil and generally trades at a premium to the Brent Blend and Dubai Crude, although as will be later demonstrated this is a highly volatile market.

Wednesday, July 24, 2019

The Death Penalty in Contemporary America Essay Example | Topics and Well Written Essays - 750 words - 2

The Death Penalty in Contemporary America - Essay Example Ancient religious texts such as the Torah, the Bible, and the Koran all contain laws and punishments which include the death penalty, and these have been followed by millions of people over the last two or three thousand years. For many modern Americans who belong to fundamentalist branches of their respective religions, this alone is sufficient reason to continue with the death penalty and no other arguments need to be entertained. Leaving aside the religious argument, there are also good psychological reasons why strong penalties need to exist in any legal system. The risk of prosecution will not deter criminals if there is no bad consequence following on from being convicted of a crime. The law enforcement agencies have no power of their own to prevent crime or stop criminals repeating their offenses unless there is a penal system to take care of those who commit violence, drug crimes, and other serious offenses. The death penalty is the strongest possible message to criminals that there are limits to what society will tolerate, and that those who overstep those limits have no place in that society. Another argument in favor of the death penalty is the fact that it takes tens and perhaps hundreds of thousands of dollars to imprison a criminal for life, whereas the death penalty is inexpensive to operate, once the due legal process has been completed. In a world of famines, wars and natural disasters, where many people live and die in poverty and there are huge deficits in the provision for health and education, there is a moral issue in devoting such a huge amount of money to individuals who have shown contempt for the rule of law. Turning now to the arguments against the death penalty, there are also a number of religious arguments which are applicable to this context.  

Tuesday, July 23, 2019

God's Existence Essay Example | Topics and Well Written Essays - 1000 words

God's Existence - Essay Example Irrespective of religion, every child is told about the accountability to the God. The significance and objective of the whole world gyrate around this answerability. Apart from these thoughts other deliberations that persist encompass- existence of life on the planet is by chance and no one is held responsible to some inspirational life form or soul. People belonging to this view, however, believe in fun and joy as the chief essence of life. Thus, conventionally, four chief arguments related with the existence of God emerged, encompassing- (1) the cosmological argument; (2) the teleological argument; (3) the ontological argument; and (4) the moral law argument. The present article deals with the teleological argument. This is popularly known as "the argument from design" (Greek meaning, telos- design). According to this argument, the universe confirms the presence of complex life forms, from tiniest creatures to the biggest animals and plants; everything is in a perfect order and ar e inter-linked; moreover no one modulates these living beings but they are self-modulated in a perfectly controlled manner. The designer or creator has created the life forms in a simplistic manner and therefore, He must be a perfect and well co-ordinate planner to make this world run so smoothly, maintaining the harmonization, dexterity and a perfect balance of complex life forms. Thus there must be a premeditated and decree brainpower behind these synchronizations, thus a belief emerged that a force is certain beyond the nature and thus it is something supernatural! Intense understanding, perception, prudence, rationale, acumen and intention must be present in the mind of creator while designing the universe. Therefore, teleological arguments center around diverse reasonable associations between array, motif and creator and have pursued distinct levels of exactitude. According to William Paley, heavenly bodies wander with perfect accuracy in their fixed paths the orbits. Every liv ing organism possess a complex life form meeting various metabolic processes and their requirements every second. These intricacies just happen and it is solely the creation of God. Although these arguments could convince millions but in the present scenario of developing science, understanding about the evolution of life and various life forms, evolution of planets and the universe, forces behind each movement, theories, interpretations and explanations about the happenings taking place in the universe takes the teleological arguments to some different path. According to the present arguments, spotlight lies on the fact of "fine-tuning" of the universe to support life. This is an objection to the Paley’s view as the present opposition is based on the theory of evolution and hence they are less susceptible to assault. Evolution theory is capable of explaining the biological systems and design, the progression of evolution of life on the planet. Moreover it is now explained wh y only the planet Earth could get all the congenial conditions for life and no other planet in the solar system could get all the feasible conditions to promote life. On the contrary, if universe is designed there has to be a designer, the order and complexity of the universe could not convince many believers who firmly believe on the fact that there is a designer, the creator, the God, who has meticulously designed each and everything in the nature in a perfect and ordinate manner, which looks complicated otherwise and is not possible to create under the scientific environment, i.e. under laboratory conditions. It is true that the forces created artificially to create life could generate life under laboratory conditions but were not enough to convince the existence of life outside the laboratory condit

Monday, July 22, 2019

The Strategic Control Process Essay Example for Free

The Strategic Control Process Essay Berkshire Hathaway Inc. Facts   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Berkshire Hathaway Inc. is a holding company that allows only in possessing outstanding shares of other companies to own and control a number of various companies. The core business of Berkshire Hathaway Inc. is to offer insurance, which comprise of property, casualty and reinsurance services. Also, it is engaged in specialty substandard insurance policies. Berkshire Hathaway Inc. is owned by the ‘world’s famous greatest stock market investor of the modern times’, Warren Edward Buffett. He is the current chairperson and the Chief Executive Officer of Berkshire Hathaway Inc. According to Anthony Bianco, author of the article ‘The Warren Buffett You Dont Know’, Warren Buffet considered Berkshire as his baby. He had purchased Berkshire Hathaway that amounts to $11 million in the year 1965. The legendary investor handled his business bearing in mind the investors and managers. However, he managed the holding company the way it is suitable with him. (BIANCO, July 5, 1999)   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Warren Edward Buffett is the second richest person next to Bill Gates in the whole world. He just started with a vanishing textile manufacturer and he made good use of the cash flows of his business into an enormous assortment of businesses that is stable and profitable. He invested from insurance and building equipments to clothing and furniture trading. The Insurance and finance subsidiaries are consisted of National Indemnity, GEICO Corporation and General Re, which is a mammoth reinsurance company. Other companies include See’s Candies, Dairy Queen, Clayton Homes, and Flight Safety International. And in the year 2006, the Business wire which is a press release distributor, and Russell, a sportswear company, were added to the list of subsidiaries that Berkshire Hathaway bought. Furthermore, ISCAR Metalworking, a manufacturer of metal cutting tools which was based in Israel was the primary foreign-based company that has been part of the Berkshire Hathaway Inc.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Warren Buffett possesses the 38 percent share of stock of Berkshire Hathaway. His trusted friend, Mr. Charles Munger is the co-owner and Vice-Chairman of Berkshire Hathaway Inc holding also big enough share of the company. However, the two principal stock holders of the Berkshire Hathaway business do not engage in a conversation that much anymore. Nevertheless, they did not argue on the matters that concerns the operation of the holding company.   As a matter of fact, the two investors are engaged in different leisure pursuit, Buffett on his dedicated way of continuous developing of Berkshire and Munger on his charitable works. (BIANCO, July 5, 1999) Strategic Management Strategic management is functioned as the most advanced and modern stage of the whole management process. It assists in directing employees’ sense of direction toward the accomplishment of the company’s goal. It is the fusion of strategic planning, implementation and controlling management where strategic control is to be focused.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Strategic control organization supports the implementation of the strategic plans. This aims to identify and fix the occurrence of problems that leads away from the main goal of the company without affecting the inventiveness and ingenuity of the process.(Lecture E-Strategic Planning,) This is connected with the monitoring progress towards strategic targets of the company (What is Strategic Control?, 2001). Almost every investments made by the Berkshire Hathaway prospers like gold. With this ability of Buffett, he was entitled as the modern – day Midas, a Phrygian king in Greek mythology, who has the power to turn everything that he had touched into gold. (BIANCO, July 5, 1999) But what makes Warren Buffet the world’s famous and greatest inventor of the modern time? How did Buffet manage Berkshire Hathaway, Inc., the holding company that finances his investments in public quoted stocks and buying companies? As mentioned in page above, Mr. Buffet is the owner and CEO of Berkshire Hathaway and Mr. Munger, the Vice-Chairman of the same holding company. The two managing partner of Berkshire Hathaway holding company delegate the responsibility of operating the business to the managers of every company subsidiary. Buffet and Munger left the key manager run their businesses as that is how those key managers like to operate. All the decisions regarding the functioning of the business operation is assigned to the managers. They would just turn over the excess profit that they have generated to the headquarters thus allowing them to concentrate on their responsibilities of the organizational cash flow and not with the diverse temptations. Furthermore, to gain the loyalty and commitment of the subordinates of the Berkshire Hathaway Inc., they comprehend the need to deal with the key managers specifically in the fairest manner possible. Because this is how they wanted to be treated if the situation is inverted. (BUFFET, 1996) As a matter of fact, Buffett intercept less in the operation of the business and rather oversee the whole operations from the top. He cultivated to initiate communication with the company’s executives and waited for them to report to him the things that were likely to cause trouble. He allowed his higher subordinates to directly contact him anytime they want. With that, many believed that the famous Warren Buffet is utilizing the laissez – faire management style. Laissez – faire style of leadership is where delegation of all duties and tasks is placed to the management staff while the role of the leader is just tangential. This is true in the case of how Warren Buffett manage the Berkshire Hathaway. Furthermore, less communication takes place in this type of leadership, the same with what Buffet is executing within the company. It is known that applying this type of leadership style generally leads to poor management, deficient in concentrating and sense of direction toward the main goal of the company. However, the opposite of the result is correct with what is happening in the Berkshire Hathaway management. With Laissez – faire style of leadership implemented in Buffet’s management of the holding company, professionalism and creativity in the group of employees is inculcated.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   On the contrary, there is no absolute thing in the world. So the weak point of the Laissez – faire leadership type of Buffet surfaced. According also to the article of Pallavi Gogoi in his article â€Å"Buffet: Right Again?’, in 2002, General Re, the world’s largest reinsurance company which provides insurance for insurance company and the also the major subsidiary of the Berkshire Hathaway crediting for about 25 percent of the revenue of the holding company, got into intensifying reduction of profit and unfortunate operation. These losses are contributed in the desire to put policies in the competition out of business to increase the market share. The company had neglected the fact to allocate enough savings as for the compensation of the maintenance.   (GOGOI, MARCH 4, 2002)   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Buffet set down the management to the Ronald Ferguson, the CEO of General Re for a long period of time. He was confident enough of General Re CEO. However, it turned out that Ferguson had ignored the early indications of weaknesses thus resulting to the misfortune losses.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Nonetheless, the business had the chance to rise again after the incident with the occurrence of the September 11 bombing tragedy. There was a sudden increase in the first – class income of the entire insurers. From that time on and for that specific reason, Warren Buffet took an active role in the operation of the reinsurance company. He had abandoned the hands – off rule in dealing with his business. (GOGOI, MARCH 4, 2002) Business Principles   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Warren Buffett arranges 13 basic business principles to recognize the management approach. This is made by Mr. Buffett himself in his ‘Owner’s Manual’. (BUFFET, 1996)   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The first principle is stated that even if the Berkshire Hathaway is a corporation, the managerial approach is the same with partnership with the shareholders of the holding company as owner – partners. The second principle said that a principal fraction of the company’s net worth endowed in the business is shared to majority of the directors thus both the owners and the shareholders get the advantage and disadvantage of the business operation.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   With this comes the ‘long – term economic goal’ of Berkshire Hathaway of making the most of the average annual rate of gain (AARG) through progress and development. Thus, this gives the third principle. Going on the fourth regulation is the acquisition and branching out of varying businesses that could produce earning beyond average returns on capital. The fifth is providing seemed – essential earning reports of the main businesses for individual decision makings. And the sixth code is that the operation and the decision for allocation of resources are indeterminate of the result of any financial reports.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The seventh attitude is by organizing fixed – rate basis in a long period of time when borrowing loans as to be fair with the policyholders, lenders and many equity holders. Protection of the shareholder interest is considered in purchasing whole businesses and by which the eighth rule applies.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The ninth conduct is the regular inspection of the retention earning results. The tenth standard implies the issuing of common stock to the deserving businesses that in return generate the same business value. The issue of selling any company of good performance under Berkshire is the eleventh conduct thus maintaining the loyalty of the shareholders.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The assurance of being truthful with the reports given to the shareholders is the twelfth code. And lastly, the thirteenth principle that Warren Buffet organize is in the degree level of lawfully necessity conferring about the business pursuit in profitable safety. â€Å"I love running Berkshire, and if enjoying life promotes longevity, Methuselah’s record is in jeopardy. â€Å" – Warren E. Buffett, Chairman References BIANCO, A. (July 5, 1999). The Warren Buffett You Dont Know [Electronic Version], 54. Retrieved May 17, 2007 from http://user.chollian.net/~hwangone/notice/notice20040830.htm. BUFFET, W. (1996). â€Å"An Owner’s Manual† [Electronic Version]. Retrieved May 17, 2007 from http://www.berkshirehathaway.com/ownman.pdf. GOGOI, P. ( MARCH 4, 2002). Buffett: Right Again? [Electronic Version]. Retrieved May 17, 2007 from http://www.businessweek.com/magazine/content/02_09/b3772094.htm. Lecture E-Strategic Planning [Electronic Version]. Retrieved May 17, 2007 from http://www.ee.uwa.edu.au/~ccroft/em333/lectures97/lece.pdf. What is Strategic Control? [Electronic (2001). Version]. Retrieved May 17, 2007 from http://www.2gc.co.uk/pdf/2GC-FAQP02.pdf.

Sunday, July 21, 2019

Concept of Natural Legal Personality in English Law

Concept of Natural Legal Personality in English Law Discuss the   drawing examples from your studies, bibliography. Natural law is the law that exists independently of the positive law of a given political order, society or nation state. As a genre, natural law is the law of nature that is the theory that some things are as they are because they are. The central theme of the theory us that there are natural rights that are given to every human being by God.[1] Legal personality has been defined to express the ability of self to remove himself from all particularities such as family, personal history, social and cultural background and to become abstract and indeterminate. Legal recognition is a type of recognition based on the minimum commonality of people and not on the differences and individual characteristics which make them unique individuals.[2] A legal person is a bearer of subjective right.[3] Legal personality can either be natural or juristic. Natural legal personality is therefore the legal status allocated to every human being by the mere fact of their existence by God. So, every body has Natural Legal Personality regardless of where they are from and under what political regime they live. Having said that, It is doubtful that this is highly relevant in England today. This essay focuses on the concept and illustrations of its applicability and limitations. The concept of natural legal personality is hardly ever mentioned these days. This is possibly because there are not many rights that are attributable to natural legal persons. Even in the realm of Public International Law where there are laws that are attributable to persons by the mere fact that they are human by way of human right provisions, enforceability for instance, is almost impossible in the absence of the state. In the realm of private law, where legal personality becomes more relevant, an individual’s autonomy exists only in a very restricted and figurative sense. A person cannot grant rights to himself because rights of one person necessary presupposes obligations on another and such a legal connection can only be made in conformity with an objective legal system by way of a consonant expression of will by the two parties. Even this legal connection only exists in so far as the contract is established by the objective law as a law-creating material fact. So, in private law, there is no complete autonomy.[4] The mere use of the word ‘legal’ seems to suggest the lack of such autonomy. Practical applications of the concept of Legal Personality exist. Sometimes, so-called natural ‘legal’ are restricted in their exercise of rights that have been attributed to others. In the realm of contract, the general rule in English Law is that anyone may enter into legally binding contracts if they want to. However, a restriction exists to the effect that minors as defined under the Family Law Reform Act 1969 and people that are mentally incompetent are incapable of entering into binding contracts except for the supply of necessaries.[5] In the case of Moulton v. Camroux[6], It was held that unsoundness of mind constituted an adequate defence in a case for the enforcement of a contract. Also under the realm of Contract Law, non natural persons are attributed rights that would normally only be attributed to natural persons. In the realm of criminal law, some categories of people may have their culpability reduced by virtue of their age or soundness of mind. A proved plea of insanity would mean that someone that has committed a crime is not punished in the same way other legal persons.[7] In the case of R v Sullivan[8], on a charge for causing grievous bodily harm, on appeal to the House of Lords, It was held that the trial court’s ruling of ‘not guilty by reason of insanity’ was appropriate. The same applies if the person is underage. He or she is not punished the same way a fully grown adult would be. In the realm of company law, legal personality has been attributed to non natural persons. They are attributed with corporate personality. Such persons are known as juristic or artificial persons as opposed to natural persons. For legal purposes, they have the same rights and obligations as natural persons. They are capable of suing and being sued as an entity quite apart from the members. The implications of this personality were fully determined in the case of Salomon v Salomon[9]. In that case, It was held inter alia that at law, a company is a different entity from the subscribers to its memorandum of association. The members of a company are therefore not personally liable for its debts s that unless there are contrary provisions, the members are completely free form liability.[10] The above discussion seems to suggest that the concept of natural legal personality, if it actually exists, is not really relevant in English Law. The mere use of the word ‘legal’ would suggest the existence of a state or other body. There is also the problem of how the natural rights are determined since a right for one person necessary constitutes an obligation for another. This suggests the necessary existence of some sort of agreement by the two parties which in turn, needs to be governed by certain rules. In terms of practical application, most laws prescribe their own definitions of ‘legal persons’ and the limitations to this personality. The concept of natural legal personality does not exist in English Law and even if it did, It would merely be normative in nature and effect. Bibliography Davies, P. â€Å"Gower’s Principles of Modern Company Law† (1998) London: Sweet and Mawell. Douzinas, C. and Gearey, A. â€Å"Critical Juriisprudence: The Political Philosophy of Justice† (2005) Oxford: Hart Publishing. Kelsen, H. â€Å"Introduction to the Problames of Legal Theory† (2002) Oxford: Oxford University Press. Neuhouser, F. (Eds) â€Å"Foundations of Natural Right† (2000) Cambridge: Cambridge University Press. Statute Criminal Procedure (Insanity) Act 1964 Sale of Goods Act 1979 Cases Moulton v. Camroux 2 Ex 487 R v Sullivan [1983] 2 All ER 673 Salomon v Salomon [1897] A.C. 22 H.L. Web Resources The Free Dictionary http://encyclopedia.thefreedictionary.com/p/Natural+law> [1] The Free Dictionary http://encyclopedia.thefreedictionary.com/p/Natural+law> [2] Douzinas, C. and Gearey, A. â€Å"Critical Juriisprudence: The Political Philosophy of Justice† (2005) Oxford: Hart Publishing. Page 182 [3] Kelsen, H. â€Å"Introduction to the Problames of Legal Theory† (2002) Oxford: Oxford University Press. Page 39 [4] Kelsen, H. â€Å"Introduction to the Problames of Legal Theory† (2002) Oxford: Oxford University Press. Page 40. [5] Section 3 Sale of Goods Act 1979 [6] 2 Ex 487 [7] Under Sections 2(1) and 5 (1) of the Criminal Procedure (Insanity) Act 1964 [8] [1983] 2 All ER 673 [9] [1897] A.C. 22 H.L. [10] Davies, P. â€Å"Gower’s Principles of Modern Company Law† (1998) London: Sweet and Mawell. Pages 77-78 and 80.

State of Banking Before and After Financial Crisis

State of Banking Before and After Financial Crisis Introduction: Banks play a very important role in financial system. Most businesses have a need for a line of credit or other financing with a bank (Editorials, Street directory).  A stable financial system can help a nations economy grow steadily than it would in an unstable financial system. From loans to investments, financial institutions are exposed to all kinds of risks in the market. Risk is universal in the financial industry and everything that a financial institution does requires thorough Risk Management Practices (RMPs). The recent financial crisis has brought out the existing flaw in the banking system which probably no one had forecasted few years before. In the past, first the economy used to slowdown which would result in financial crisis but this time it is other way round. During the current financial crisis, banks and other financial institutions, particularly in the U.S, have collapsed which has resulted in slowdown of global economy. Research Question/Main Problem: This research will try and bring out the changes that have happened in operations of banking, over past 5-6 years, from huge profit making business to managing risks efficiently. Aim and Objective: The dissertation aims to look at the developments in banking sector in both, a developed and developing economy, so that the positive points from both the economies can be brought forward and negative points can be addressed and rectified. The study also aims to highlight some of the key reasons of financial crisis. It is very hard or rather impossible to imagine carrying out business in the absence of banks or financial system. Hence, it is very important to study and conduct a research about the crisis that have impacted the financial industry, so that some lessons can be learnt and in the future, and mistakes can be avoided. If the study is limited to one country, sample might not be large enough and hence the research looks at two different economies of the world (Heffernan, 1996). Therefore two countries i.e. UK and India have been selected for the study. It will help to identify how banks have managed their business during cyclical upturn, peak in crisis. The study also intends to highlight the trend of banking activities. And will also draw attention on how the proportion of risk has changed over the past years. Highlighting changes in key ratios will give a clear picture of what has happened and what can be expected in the future. It would be important to compare the balance sheets of some of the major banks of both the countries from the year 2004 till 2009 to check the percentage increase or decrease in their activities in order to come to a conclusion and provide suggestions/recommendations. Brief Literature Review: Since this study deals developments in banks and their performance over last few years, ratio analysis would be best suited for the study. These ratios are easily available on Bank-scope website (www.bankscope.com). These can also be cross checked from respective banks annual reports which are available on the internet. Heffernans (1996) study on performance of banks in 1980s indicated that some of the banks assets grew faster than nominal GDP, which means that banks were highly profitable. However, in late 1980s and 1990s there were asset quality problems in some of the large banks which had to write off non-performing portfolios. Because of which there was increased regulatory pressure and banks had to move towards fee-earning business i.e. securities underwriting and trading. It was during this time that international business was growing but was not profitable for banks because of high operating costs. However, banks found ways of reducing their costs by issuing their own CDs and introduce new products which were not capital intensive and resulted in fee income. Thus like other sectors, banks too used international trade and globalisation to increase their profits and diversify their risks. But, there have been one financial crisis in at least in every decade. Globalisation has been blamed for some of the previous financial crisis. There have been few economists who have argued that policies of the government resulted in the crisis and not technology. Asian crisis of 1997 is one such example (Krugman, 1998.). International organisations like WTO, World Bank, IMF promote globalisation and international trade for the development and welfare of under developed and developing economies. It has opened up global economy and countries like China and India have grown faster than expected. Globalisation has also reduced the sense of isolation which was felt before in developing countries. But in many countries, like the African nations, globalisation has not been be neficial or has not reached and hence most African nations remain underdeveloped (Stiglitz, 2002). Globalisation resulted in innovation of various risk reducing financial products and strategies like Futures, Options, Derivatives and Securitization. This study will help to understand how some of these products and strategies which were supposed to reduce risk, resulted in downfall of global economy. Sub-problems: The sub problems of this study are: Global economy before financial crisis – this will help to understand how banks were making huge profits; Economic and financial globalization and the expansion of world trade have brought substantial benefits to countries around the world (International Monetary Fund) What led to Crisis? this problem will help to realise what was happening in the banking world which went unnoticed till the time crisis hit some of the major banks; One of the key issue was the rising defaults on subprime mortgages in the US that triggered the global financial crisis (Subprime Fallout, Financial Times) Steps taken by international bodies like World Bank, WTO, UN, etc to rescue Global Economy – Though the most acute phase of the global financial crisis has passed, recovery remains fragile.   Persistent risks to economic health include high unemployment and low growth in developed countries and scarce international financing for developing countries. The poorest countries continue to need assistance to move beyond the crisis (Financial Crisis, World Bank report); World Bank is also expanding its cooperation with IMF, UN to promote inclusiveness, innovation, efficiency, effectiveness, and accountability (World Bank reform, World Bank). Since crisis in the USA impacted all major economies, rescue steps taken by some international organisations are important to take note of; Impact of financial crisis to UK Indian economy and steps taken by govt. central bank individually along the guidelines of Basel, bring out flaws if any. Bank of England and Reserve Bank of India have taken several steps to ensure that respective economies continue to grow and remain stable (BoE and RBI). Research Methodology: Punch (1998) has indicated that quantitative research is concerned with the collection and analysis of data in numeric form. It tends to emphasize relatively large scale and representative sets of data, and is often, falsely in our view, presented or perceived as being about the gathering of facts. Whereas qualitative research is concerned with collecting and analysing information in as many forms, mainly non-numeric, as possible. It tends to focus on as much detail as possible and aims to achieve depth rather than breadth. All qualitative research seeks understanding of data that are complex and need to be approached only in context (Morse et al, 2002). A correlation study, quantitative research method, examines the extent to which differences in one characteristic or variable are related to differences to one or more characteristics or variables. A correlation exists if, when one variable increases, another variable either increases or decreases in a somewhat predictable fashion. This study will collect numbers (data) that reflect specific measurements of the characteristics in question (Leedy, 2009). This type of study will be particularly useful for comparing ratios of different years and it will give out a clear picture of how operations of banks have changed over past few years. The good thing about this type of study is that the results are hard to manipulate as the data used would be a published data. Case study, qualitative research method,  refers to the collection and presentation of detailed information about a particular participant or small group, frequently including the accounts of subjects themselves. The case study is ideally suited to the needs and resources of the small-scale researcher (Loraine, et al. 2001). It is a form of qualitative descriptive research, which looks intensely at an individual or small participant pool, drawing conclusions only about that participant or group and only in that specific context. A case study researcher often begins to analyze the data during the data collection process (Leedy, 2009). As stated by Loraine B, et al. (2001) the drawbacks of case studies are: The very complexity of a case can make analysis difficult because of the holistic nature of the case study. The researcher needs to show connections between various events but not lose sight of the whole picture. While the contextualization of aspects of the case strengthen this form of research, it is difficult to know where context begins and ends. However the advantages of case studies are linked to their disadvantages, which are: They allow the researcher to show the complexity of social life and good case studies build on this to explore alternative meanings and interpretations. This study will be a combination of qualitative and quantitative research methodology. In the past, both studies, qualitative and quantitative, have been conducted in order to determine the main reasons of bank failures (Heffernan, 1996). Since the main research problem deals with key financial ratios, quantitative research method would address it the best. However, the sub problems of this topic would require qualitative research as they are more theoretical involving case studies and previous examples of bank failures to better understand what really went wrong and how things could have been avoided. This study will undertake qualitative research in the form of comparative case study because the study will be looking at various issues that have resulted in the downfall of banks and banking operations in respective countries. Data Collection and Analysis Data will be collected via secondary sources such as websites, annual reports of banks, International Monetary Fund, World Bank, Financial articles, Journals. The main quantitative analysis will be focused on the banking sector of the two countries and see if any trends or flaws can be highlighted. The data will be analyzed with the help of tables and graphs which would be explained. On the other hand qualitative analysis of comparative case studies will be mainly focused on sub problems which will lead the researcher in answering the main research problem. Conclusion/Potential Results This study might be able to bring out the current approach of banks towards various risks. The study might also be able to point put the best practices that are followed by the banks in the sample countries. The study will also try to point out flaws, if any, in the existing structure and operation of banks and recommend corrective steps. State of Banking Before and After Financial Crisis State of Banking Before and After Financial Crisis Introduction: Banks play a very important role in financial system. Most businesses have a need for a line of credit or other financing with a bank (Editorials, Street directory).  A stable financial system can help a nations economy grow steadily than it would in an unstable financial system. From loans to investments, financial institutions are exposed to all kinds of risks in the market. Risk is universal in the financial industry and everything that a financial institution does requires thorough Risk Management Practices (RMPs). The recent financial crisis has brought out the existing flaw in the banking system which probably no one had forecasted few years before. In the past, first the economy used to slowdown which would result in financial crisis but this time it is other way round. During the current financial crisis, banks and other financial institutions, particularly in the U.S, have collapsed which has resulted in slowdown of global economy. Research Question/Main Problem: This research will try and bring out the changes that have happened in operations of banking, over past 5-6 years, from huge profit making business to managing risks efficiently. Aim and Objective: The dissertation aims to look at the developments in banking sector in both, a developed and developing economy, so that the positive points from both the economies can be brought forward and negative points can be addressed and rectified. The study also aims to highlight some of the key reasons of financial crisis. It is very hard or rather impossible to imagine carrying out business in the absence of banks or financial system. Hence, it is very important to study and conduct a research about the crisis that have impacted the financial industry, so that some lessons can be learnt and in the future, and mistakes can be avoided. If the study is limited to one country, sample might not be large enough and hence the research looks at two different economies of the world (Heffernan, 1996). Therefore two countries i.e. UK and India have been selected for the study. It will help to identify how banks have managed their business during cyclical upturn, peak in crisis. The study also intends to highlight the trend of banking activities. And will also draw attention on how the proportion of risk has changed over the past years. Highlighting changes in key ratios will give a clear picture of what has happened and what can be expected in the future. It would be important to compare the balance sheets of some of the major banks of both the countries from the year 2004 till 2009 to check the percentage increase or decrease in their activities in order to come to a conclusion and provide suggestions/recommendations. Brief Literature Review: Since this study deals developments in banks and their performance over last few years, ratio analysis would be best suited for the study. These ratios are easily available on Bank-scope website (www.bankscope.com). These can also be cross checked from respective banks annual reports which are available on the internet. Heffernans (1996) study on performance of banks in 1980s indicated that some of the banks assets grew faster than nominal GDP, which means that banks were highly profitable. However, in late 1980s and 1990s there were asset quality problems in some of the large banks which had to write off non-performing portfolios. Because of which there was increased regulatory pressure and banks had to move towards fee-earning business i.e. securities underwriting and trading. It was during this time that international business was growing but was not profitable for banks because of high operating costs. However, banks found ways of reducing their costs by issuing their own CDs and introduce new products which were not capital intensive and resulted in fee income. Thus like other sectors, banks too used international trade and globalisation to increase their profits and diversify their risks. But, there have been one financial crisis in at least in every decade. Globalisation has been blamed for some of the previous financial crisis. There have been few economists who have argued that policies of the government resulted in the crisis and not technology. Asian crisis of 1997 is one such example (Krugman, 1998.). International organisations like WTO, World Bank, IMF promote globalisation and international trade for the development and welfare of under developed and developing economies. It has opened up global economy and countries like China and India have grown faster than expected. Globalisation has also reduced the sense of isolation which was felt before in developing countries. But in many countries, like the African nations, globalisation has not been be neficial or has not reached and hence most African nations remain underdeveloped (Stiglitz, 2002). Globalisation resulted in innovation of various risk reducing financial products and strategies like Futures, Options, Derivatives and Securitization. This study will help to understand how some of these products and strategies which were supposed to reduce risk, resulted in downfall of global economy. Sub-problems: The sub problems of this study are: Global economy before financial crisis – this will help to understand how banks were making huge profits; Economic and financial globalization and the expansion of world trade have brought substantial benefits to countries around the world (International Monetary Fund) What led to Crisis? this problem will help to realise what was happening in the banking world which went unnoticed till the time crisis hit some of the major banks; One of the key issue was the rising defaults on subprime mortgages in the US that triggered the global financial crisis (Subprime Fallout, Financial Times) Steps taken by international bodies like World Bank, WTO, UN, etc to rescue Global Economy – Though the most acute phase of the global financial crisis has passed, recovery remains fragile.   Persistent risks to economic health include high unemployment and low growth in developed countries and scarce international financing for developing countries. The poorest countries continue to need assistance to move beyond the crisis (Financial Crisis, World Bank report); World Bank is also expanding its cooperation with IMF, UN to promote inclusiveness, innovation, efficiency, effectiveness, and accountability (World Bank reform, World Bank). Since crisis in the USA impacted all major economies, rescue steps taken by some international organisations are important to take note of; Impact of financial crisis to UK Indian economy and steps taken by govt. central bank individually along the guidelines of Basel, bring out flaws if any. Bank of England and Reserve Bank of India have taken several steps to ensure that respective economies continue to grow and remain stable (BoE and RBI). Research Methodology: Punch (1998) has indicated that quantitative research is concerned with the collection and analysis of data in numeric form. It tends to emphasize relatively large scale and representative sets of data, and is often, falsely in our view, presented or perceived as being about the gathering of facts. Whereas qualitative research is concerned with collecting and analysing information in as many forms, mainly non-numeric, as possible. It tends to focus on as much detail as possible and aims to achieve depth rather than breadth. All qualitative research seeks understanding of data that are complex and need to be approached only in context (Morse et al, 2002). A correlation study, quantitative research method, examines the extent to which differences in one characteristic or variable are related to differences to one or more characteristics or variables. A correlation exists if, when one variable increases, another variable either increases or decreases in a somewhat predictable fashion. This study will collect numbers (data) that reflect specific measurements of the characteristics in question (Leedy, 2009). This type of study will be particularly useful for comparing ratios of different years and it will give out a clear picture of how operations of banks have changed over past few years. The good thing about this type of study is that the results are hard to manipulate as the data used would be a published data. Case study, qualitative research method,  refers to the collection and presentation of detailed information about a particular participant or small group, frequently including the accounts of subjects themselves. The case study is ideally suited to the needs and resources of the small-scale researcher (Loraine, et al. 2001). It is a form of qualitative descriptive research, which looks intensely at an individual or small participant pool, drawing conclusions only about that participant or group and only in that specific context. A case study researcher often begins to analyze the data during the data collection process (Leedy, 2009). As stated by Loraine B, et al. (2001) the drawbacks of case studies are: The very complexity of a case can make analysis difficult because of the holistic nature of the case study. The researcher needs to show connections between various events but not lose sight of the whole picture. While the contextualization of aspects of the case strengthen this form of research, it is difficult to know where context begins and ends. However the advantages of case studies are linked to their disadvantages, which are: They allow the researcher to show the complexity of social life and good case studies build on this to explore alternative meanings and interpretations. This study will be a combination of qualitative and quantitative research methodology. In the past, both studies, qualitative and quantitative, have been conducted in order to determine the main reasons of bank failures (Heffernan, 1996). Since the main research problem deals with key financial ratios, quantitative research method would address it the best. However, the sub problems of this topic would require qualitative research as they are more theoretical involving case studies and previous examples of bank failures to better understand what really went wrong and how things could have been avoided. This study will undertake qualitative research in the form of comparative case study because the study will be looking at various issues that have resulted in the downfall of banks and banking operations in respective countries. Data Collection and Analysis Data will be collected via secondary sources such as websites, annual reports of banks, International Monetary Fund, World Bank, Financial articles, Journals. The main quantitative analysis will be focused on the banking sector of the two countries and see if any trends or flaws can be highlighted. The data will be analyzed with the help of tables and graphs which would be explained. On the other hand qualitative analysis of comparative case studies will be mainly focused on sub problems which will lead the researcher in answering the main research problem. Conclusion/Potential Results This study might be able to bring out the current approach of banks towards various risks. The study might also be able to point put the best practices that are followed by the banks in the sample countries. The study will also try to point out flaws, if any, in the existing structure and operation of banks and recommend corrective steps.

Saturday, July 20, 2019

Letters From The Samantha :: essays research papers

An interesting short story is "Letters from The Samantha" by Mark Helpin. This story tells the fascinating tale, in the form of never sent letters, of an ape brought aboard an iron-hulled sailing ship in 1909 by Samson Low, the ship’s captain. Although the author makes a point to tell the reader, through Samson Low, that the animal does not symbolize anything or mean anything, in fact, "He stands for nothing" (280), several arguments can be made to contradict this. One could argue that the ape symbolized the untamed and rarely used wild side of Samson Low through a comparison of their personalities, appearances, and the way they are treated by others. Samson Low was a captain of a ship owned by the Green Star Line. He is a stickler for rules and the proper code of conduct. When writing to his company, he reminds them of "the complete absence of disciplinary action against me" (271). This serves to highlight that he has never been in trouble or bro ken the rules. He is comfortable and comforted by his pattern of obedience and thinks others must be as well: "Though my subordinates sometimes complain, they are grateful no doubt, for my firm rule and tidiness" (271). His ship is always on time or even ahead of schedule. The picture painted is of a steady, reliable, conservative man who always does the appropriate thing in a situation. However, a typhoon the ship sails through reveals a different, less predictable side. When describing the typhoon, Samson thinks, "I confess that I have wished to be completely taken up by such a thing, to be lifted into the clouds†¦" (272). This is hardly the thought of a truly buttoned-down man. He also imagines surrendering to the seas, "But I have not, and will not." (272). While he seems content with his life, Samson Low’s secret yearnings sometimes show through. It is because of this Samson seems jealous of the ape and the things it has experienced. Sa mson has only dreamed while the ape has actually lived. The ape, when first aboard, climbs the rigging to the highest point from there he has a total view of the ship below and all that goes on much like a "pharaonic" captain would do. While in the rigging the ape shrieks and hollers frightening the crew until the captain climbs up to it.

Friday, July 19, 2019

A Method To Memory :: essays research papers

A Method to Memory The other night I was sitting at home in my room watching the Rockets game, and my phone begins to ring. I answer "Hello", and I hear this frantic voice that I recognize as my friend Mandy's. Mandy is a nervous wreck, she has a big bio-chem test in the morning and can't seem to remember a thing. I ask her what kind of information she has, and she tells me she has notes and her book. Now being the nice guy I am, and having just completed learning about memory in my Intro to Psych class, I turned off the T.V. and told her I'd help her learn to memorize things. The first thing I told her about was a method called rehearsal. I explained that rehearsal involved repeating the information time after time to keep it from fading from her short term memory, or STM. She was a bit confused so I simplified it for her. I reminded her of the other night when she was looking for the number to Pizza Hut in the phone book, and when she found it she started repeating over and over until she got to the phone and could dial it. She was astounded that she was doing this all along and didn't even know it. I then explained another short term memory method known as chunking. She cringed and thought I was talking about the keg party the other night, but I explained that chunking involves taking a large number or word and breaking it down into smaller pieces that could be remembered easier. I also told her that she could chunk together the first letters of a phrase to make it more accessible to her memory retrieval system. I gave her the example of the New York Stock Exchange, or N.Y.S.E. That helped her a lot, but she was concerned whether or not she would remember it all for the final, so I told her the more rehearsing she did, the deeper she would commit the information to memory.

To put on their clothes made one a sahib too: Mimicry and the Carnivale

To put on their clothes made one a sahib too: Mimicry and the Carnivalesque in Mulk Raj Anand’s Untouchable The character of Bakha, in Anand’s Untouchable, is drawn from the lowest caste in Indian society, that of sweeper, or cleaner of human ordure. Despite his unpromising station in life, the central figure in the novel operates at a variety of levels in order to critique the status quo of caste in India. Well aware of his position at the nadir of Indian society, Bakha is able-via his untouchability-to interrogate issues well above his station in life, such as caste and its inequities, economics and the role of the colonizer. Due to the very characteristics of the character's position, Anand is able to examine issues such as society’s revulsion at untouchablility; some local, innate societal sympathy for Bakha's plight, and the fact that in the 1930s Gandhi used his Harijans-untouchables-as a symbol for change in Indian society. This essay examines the modes by which Anand deploys mimicry and the carnivalesque to critique Indian society in the 1930s. The author has constructed a mimic-man, fundamentally carnivalesque in the Bakhtinian sense, who is simultaneously parodic and subversive. Indeed, the linguistic similarity Bakha/Bakhtin is in itself superficial yet tempting. For Bakhtin, "Carnivalesque literature uses elements of parody, mimicry, bodily humour and grotesque display to achieve the ends of carnival, that is, to jostle ‘from below’ the univocal, elevated language of high art and decorous society". During the course of his day, Bakha causes widespread unease, not merely at his physical presence. Although he is aware of the "six thousand years of racial and class superiority"(16) that bears down on him, as he... ...remarkable breadth of issues, and it is only to be hoped that one day this text will be regarded as a useful tool in a past campaign, rather than as part of a continuing and unfinished project. Useful links: Dalit Liberation Education Trust: http://www.pcsadvt.com/dlet The Imperial Archive. http://www.qub.ac.uk/english/imperial/imperial.htm India Survey, Biography: http://www.indiasurvey.com/biodata/mulkrajanand.htm Literature in English of the Indian Subcontinent in the Postcolonial Web: http://landow.stg.brown.edu/post/india/anand/anandov.html Bibliography Anand, Mulk Raj Untouchable London: Penguin Books, 1940 Ashcroft, Bill, Griffiths, Gareth, and Tiffin, Helen. Key Concepts in Post-Colonial Studies. London: Routledge, 1998. Ashcroft, Bill, Griffiths, Gareth, and Tiffin, Helen. The Post-Colonial Studies Reader. London: Routledge, 1995.

Thursday, July 18, 2019

Control of Substances Hazardous to Health Essay

Introduction When working in a health and social environment, it is important that the surrounding nature is safe and free of any potential harm. A hazard is something that can possibly cause you this danger. Hazards range from something being misplaced to a broken object. When identifying a hazard, risk assessments would take place to find out the best and quickest solution to prevent any danger. The definition of a risk is the probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through preemptive action. In this booklet I will be identifying and explain the potential hazards in a college environment and how they could affect people’s wellbeing. Classroom Hazard – Windows & Loose Wires There are a number of different potential hazards in a classroom environment. One example would be windows in the classroom. Even though most people wouldn’t consider this as a major issue however if on a higher level in a building and the window was not risk assessed – possible harm could be caused. All windows in school facilities need to be safety checked to make sure an individual will not be able to climb out and potentially fall. These checks will consist of making sure the window has a limit distance of normally around 3  ½ inches [1]. This would be essential in an infant or nursery school as younger children tend to be attracted to what is going on outside and will not be aware of the possible risk they are causing to themselves. Another example of a potential hazard in a classroom is loose cables and wires. This is a common hazard that teachers and pupils do not pay attention to as they do not believe a hazard is there. However a loose wire has the ability to cause numbers of harm to an individual; tangled up wires can potentially cause a fire. As well as this, people may trip over the wires and harm themselves alongside damaging the cables. To reduce the risk of this hazard occurring, wires should be covered once trailed or taped down. Canteen Hazard – Fire Exits & Food Preparation A canteen contains many existing hazards one of which is to do with food preparation. A hazard in regards to this would be if cross contamination between raw and cooked food (for example) occurs. This would cause food poisoning to anyone purchasing from the canteen furthermore spread diseases. To inhibit this from happening kitchen staff would prepare food on separate, colored chopping boards and make sure that hands are clean from any food to prevent spread. Fire exits are vital in not just a working environment but in every type of building. Fire exits ensure a quick and easy escape in the event of a fire. If the exit is blocked or damaged in any way, this could seriously delay time and harm a person. Toilet Hazard – Wet Floor & Taps In regards to toilets, a wet floor could cause a person to serious injure themselves. A toilet requires to be kept clean at all times because it is a facility that is constantly at use. To prevent this, a cleaner would regularly make sure that the toilets are kept at a high standard. A tap may not be commonly thought of as a hazard however if at the wrong temperature the, this could potentially harm and burn an individual. It is said that the temperature of washbasins should be around 41 ºC for about 30 seconds [2] Outdoor Hazard – Weather Conditions & Litter An outdoor area can be a more hazardous place as a lot of things are happening at different speeds. Cars will be driving past nearby; people will be rushing to lessons or taking their time walking around. These situations become more dangerous as the weather changes – which in England, it does a lot. During the winter, the temperature drops and everything starts to get cold additionally start to freeze. When this happens the ground needs to be covered in a layer of salt. If the ground is not covered then the whole collage would be a t risk of slipping over and hurting themselves. P2 Legislations Health and Safety Work Act 1974 The main features of the health and safety at work act is that it provides a framework for ensuring that all employees are in and a health and safety environment. The employer and staff have duty to ensure the health and safety not only of themselves but also other persons who may frequent the premises, such as children and their parents. Employees are due undertake an approved first aid course and a named person should be appointed to take charge in the event of an accident. As well as this, properly stocked first aid kit should be available – no medication should be kept in the first aid kit. In regards to a healthcare setting, this ensures that children and elderly are looked after as they may not be able to independently. This legislation requires employers to control substances that are hazardous to health such as toxic, corrosive or irritant chemicals like cleaning  products or even bodily fluids. In a setting such as a Nursery, hazardous substances that are not stored properly and are easily accessible to children may cause consummation further poisoning or spilling on themselves. This hazard could be minimized by storing these substances in a high, possibly locked, area so that children are not likely to get a hold of them and harm themselves. Also, the incorrect disposal of soiled nappies etc, can cause germs to spread and could cause infection or cross contaminations within the Nursery. This can be avoided by having a specific bin solely for the disposal of soiled nappies to ensure that harm cannot result from this. Food Safety (general food hygiene) Regulation 1995 The aim of this regulation is to prevent the spread of food poisoning by ensure that food are kept clean and in the correct standard. Also makes sure that personal hygiene is maintained and food is cooked thoroughly. Anyone who owns, manages or works in a food business – apart from those working in primary food production such as harvesting, slaughtering or milking – is affected by these Regulations. They apply to anything from a hot dog van to a five-star restaurant, from a village hall where food is prepared to a large supermarket, or to a vending machine. The Regulations apply to all types of food and drink and their ingredients. But some businesses – generally manufacturers of products of animal origin, such as dairies or wholesale fish markets – follow their own product specific regulations. Some of the procedures include; [3] make sure food is supplied or sold in a hygienic way;  identify food safety hazards;  know which steps in your activities are critical for food safety; ensure safety controls are in place, maintained and reviewed. Manual Handling Operations Regulations 1992 The Manual Handling Operations Regulations are aimed at helping employers and the self-employed to reduce the risk of these injuries and work related accidents occurring by effectively managing the movement of staff, equipment and objects. As far as reasonably practicable the employer must remove any need for their employees to undertake any form of manual handling where  there is a risk of them being injured. The Manual Handling Operations Regulations require employees to make full and proper use of any system of work put in place by the employer to reduce the risk of injury during manual handling. This ensures that all people in a healthcare setting are being treated correctly and safely. Reporting of Injuries, Disease Occurrences Regulations 1995 Reportable injuries (including deaths) do not have to be automatically reported, but must be reported if they occur as the result of a work-related accident. For the purposes of RIDDOR, an accident is a separate, identifiable, unintended incident that causes physical injury. This specifically includes acts of non-consensual violence to people at work. When deciding if the accident that led to the death or injury is work-related, the key issues to consider are whether the accident was related to: [4] the way in which the work was carried out;  any machinery, plant, substances or equipment used for work; and the condition of the site or premises where the accident happened. This is essential in a care setting as it is important to document any injuries that occur. This is because it may influence an individual’s health in the future. Policies & Procedures Policies ensure that everyone must work within the law and meet the minimum care standards set out by the legislation. Procedures on the other hand are the steps that are needed to be followed to ensure everyone’s safety within the workplace. Safeguarding policy The purpose of this policy is to guarantee that every child in the UK is ensured a safe, free from harm upbringing regardless of their age, gender,  religion or ethnicity. The main aims of the policy are: [6] protecting children from maltreatment  preventing impairment of children’s health or development ensuring that children are growing up in circumstances consistent with the provision of safe and effective care. taking action to enable all children and young people to have the best outcome. Based on the fact that almost one in five children today experience serious physical abuse, sexual abuse or severe physical or emotional neglect at some point in their lifetime [7], this policy is crucial in a health care setting such as a nursery as it aids teachers and all staff in knowing what to do if they notice a negative change on a child. They will be able to then take on further action such as contacting the parents, police or social services for example. Reporting Accidents The reason why staff need to report any accident or injury that happen with a health care setting is report informs the enforcing authorities (HSE, local authorities and the Office for Rail Regulation (ORR)) about deaths, injuries, occupational diseases and dangerous occurrences, so they can identify where and how risks arise, and whether they need to be investigated. This allows the enforcing authorities to target their work and provide advice about how to avoid work-related deaths, injuries, ill health and accidental loss. [8] The accidents that may occur may not be just on the patient, child or elderly person, they may even be on a member of staff. For example, if an employee were to catch an illness and had to go to hospital, this would be documented as it would be able inform other staff furthermore take further action such as informing parents or checking on patient’s health. Infection Control Infection prevention and control is a key element of social care and is vital to the wellbeing of those people who need care and support. It is essential to ensure that people who use health and social care services receive safe  and effective care and it must be part of everyday practice and be applied consistently by everyone. For the majority of care staff working in a residential care home or agency – including many who regularly work alone – infection prevention and control training is an important part of their induction. Ensuring the appropriate infection prevention and control training is provided, helps employers registered with the Care Quality Commission (CQC) to comply with their requirements. Some of the common procedures the staff will be trained to do in a health care setting would be: [9] †¢Disposable gloves and plastic aprons should be worn for all personal care tasks and when in contact with blood or body fluids. †¢Cuts and abrasions or skin lesions (broken skin, eczema and psoriasis) should be covered by a waterproof dressing. †¢Blood and body fluids spillages should be dealt with immediately. †¢Sharps should be disposed of into an appropriate container. †¢Clothing and bedding should be handled and machine washed. If these procedures were not put in place endless of disastrous outcomes could take place. In a nursery, a child may cut their finger furthermore start to grab fruit from a bowl therefore spread his/hers blood as well as possible disease. In regards to a residential unit, if a member of kitchen staff was not to dispose the lid of a tin can, a patient may find it additionally use it to injure themselves and others, causing a huge risk to everyone involved. M1 Legislations, policies and procedures are vital in a health care setting as it affects the way employees are trained and how they act towards an individual furthermore it also affects the environment in the setting and how the room/building, equipment and furniture is laid out. A health care setting such as Little Dreams Nursery, it is clear that they follow the law to ensure the safety of the children. As you can see, a fire exit is clear from any objects and potential hazards as well as a grip mat which promotes even more security guarantying that no children will fall  over (in wet weather) while doing a fire drill. The mat does not necessary cover the fire drill policy however does support the Health and Safety at Work Act 1974. The nursery also clearly state their procedure during a fire evacuation – some being stated below [5]: †¢ All staff and children to assemble in a calm manner to the nearest available fire exit †¢ Room Leader must take the register   Ã¢â‚¬ ¢ Staff must then do a quick head count whilst nursery manager / person in charge is checking all areas of the nursery †¢ In a calm and quick manner staff must then safely lead all the children to the assembly point (bottom of the garden) †¢ Room leader must then do a thorough head count If this policy was not in place or was not practiced by both children and staff, consequence could result into serious injury and possibly even death. Children are dependent on staff to guide them to safety as they do not have the ability to do it themselves. This is why all staff at all facilities should know a fire drill procedure off by heart to certify a quick, swift and safe technique. Another example of how legislations, policies and procedures help to promote the safety and security of individuals in a health care setting is by having staff training courses for all policies and procedures that are involved in the workplace. For instance, staff that work in an elderly home have to take communication training course. This would range from while bathing them, to morning talks. Because elderly people do not have the same social and mental development as they did in earlier years, they get forgetful, confused and sometimes even aggressive. By having a training course like this, staff and patients will be able to communicate effectively; whether that is in regards to asking about their medications or any difficulties that the individual may be having to staff asking Mr Smith how was he feeling today. References [1] http://www.earlychildhoodnews.com/earlychildhood/article_view.aspx?ArticleID= 273 [2] file:///C:/Users/14072941/Downloads/Codesofpractice_highrisk.pdf [3] http://adlib.everysite.co.uk/adlib/defra/content.aspx?id=000IL3890W.184SZ8ZDD965AA [4] http://www.hse.gov.uk/pubns/indg453-rev1.pdf [5] {FIRE DRILLS} http://www.littledreamsnursery.com/policies-and-procedures [6] http://www.safenetwork.org.uk/getting_started/Pages/Why_does_safeguarding_matter.aspx [7] Based on NSPCC research with 11-17 year olds – Radford et al (2011) Child abuse and neglect in the UK today. [8] http://www.hse.gov.uk/pubns/indg453.pdf [9] http://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&sqi=2&ved=0CDIQFjAB&url=http%3A%2F%2Fwww.leics.gov.uk%2Finfectious_control_procedure.doc&ei=GBI0VJHDM8Kf7gaz0oD4DQ&usg=AFQjCNHF4y68ut-9icdb_HuGbmClHig76w

Wednesday, July 17, 2019

Meaning of life Essay

A populace once said A while once said to the universe Sir do I exist However, replied the universe the particular has not get tod in me a nose forth of obligation. The great Philosopher Stephen Crane explained his formulate in existentialism by composing this quote. Existentialism is the doctrine and cultural performance that h honest-to-gods the starting point of philosophy. Thinking must be the individual and experiences of the individual. The quote that Stephen exsert wrote, talks about how merely because he exist the universe isnt button to change still because you only exist.Your te one that has to give your bread and butter mean. The philosophy of existentialism does not have a specific school or haves. exclusively it is a stylus of vivacious your vivification as you want but unperturbed knowing what the consequences are. The most important homophile activity is finale making. Through our choices, we create our lives and become ourselves when you wake up both morning you think for yourself and contribute your receive decision using your own thoughts and actions.No one lives forever therefore make your clock time worthwhile enjoy your life how you like to live it entert let anything or anyone make decision for you. Todays active is more than commercialized. Its all around you and continuously trying to convince you to do what they want, and bargain what they want. The movie Fight Cllub is based off of the theory of existentialism. As the movie starts tyler durden is just going through the motions of living life. He keeps the same routine day in and day out. He goes to work.He hates his stump. only if never has the courage to stand up for him self he does whatever the boss tells him to without questioning her. Then he goes hold to his flat that he has identical to the ikea magazine. fullly of his furniture, carpets, cups, covers, and chairs exactly as the pictures on the ikea magazine. Hes sitting back permit the commercializing life take over him. He doesnt know who he is. As the movie proceeds tyler durden starts getting supply up of how hes been living life.The mo workforcet that he himself blew up his apartment was because he wanted a self-colored new start and starts taking supremacy of his life. This is where I believe he starts living the theory of existentialism. After he blows up his condo he moves to a old abanded house, and gets rid of al his commercialized material. on the whole this came from fighting. When he fought in the fight alliance it wasnt about winning or losing it was about letting yourself free. Fighting brought the men some indrenalum and for those minutes they fought they felt unrecorded and forgot about all their problems.In this beau monde Living in todays society you have to follow a certain set of rules just to explosion into the normal people a mickle of humans in this society just sit back and watch their lives go by in their movie tyler durden helps me extrapolate that instead of us just creation spectator and watching things through our TV and magazines we should go out and be fighting(a) members of what ever you would like to do. In the book the stranger Meursault helped me understand the concept of existentialism. When Meursaults mother dies. Meursault has to ask his boss for erstwhile(prenominal) off because his mother has died.Meursault tells his boss gloomful for taking the time off. This makes me think that he rattling didnt care that his florists chrysanthemum passed away he seen it as a set back to his usual life. Maman died. Or yesterday maybe I dont know, I got a conducting wire from the home when I read this it instantly gives me an impression of a lack of sensation towards the death of his mother. This lack of sense shows the existentialist philosopher idea that we all die, it doesnt publication what life we have while we are alive we merely exist, as Meursault did. As you keep reading the novel, You take banknote that Meursault doesnt like introducing himself with neighbors.It seems to me as if Meursault simply acts to fill his time. He is a hit man that has a lot of time to fill. And he finally starts figuring out that his weekends pass by particularly slowly. The way I started noticing is Meursault started to us short sentences to find an atmosphere showing emotion and feelings. You could really take notice of this between rapscallion 21 and 24, at the end of chapter two, when Meursault is openhanded a real descriptive autobiography of the life outside his window on a typical sunlight. He ends the chapter by saying one more Sunday was over nothing had changed.Throughout the entire book the stranger Meursault is a very laid back guy that doesnt let many things effect his actions. He believes everyone is just here to fill in some spots. That there is no meaning in life. Since everyone will die. But at the end of the book he is ramble in front of death. And this is wher e all his emotion comes out. He now understands that he had been sour that he never had anyone close to him in his life. The natural human nature is to interact with other humans, and once he was depute in front of death he wished people knew who he was.

Tuesday, July 16, 2019

Abortion in the United States Essay

Abortion in the United States Essay

Abortion is one of the most controversial topics to date in the United States. Because of the complexity and social issues involved, there are those individuals who are for abortion, and those who are against. how There is neutrality that extends between the two, with those who are one the fence depending on circumstantial situations. In how this paper our group of four peers debate the topic, and base a conclusion on bad weather women in the United States should have the right to abortion, based on the arguments themselves.It should remain legal.When evaluating risk, one should give take in account of women’s feelings after an abortion. Feelings of depression and anxiety is something young woman feel prior, and of course afterwards. Women sometimes choose abortions because of medical issues with the babies, or horrifying circumstances leading to the unwanted pregnancy. Henry P.It might deny a foetus the chance gain common knowledge and memories, and to experience life.

Usual feelings after an abortion is relief, loss, sadness, and grief.It is okay to grieve and you should give yourself time to grieve. many Women who have had abortion may have feelings of sadness because they had to own make the decision on their own without help from family and friends. Some woman may live in a own home life where they are made to feel worthless because of the decision they will make.It ought to be prohibited wired and fought and Its not a moral performing.Abortions are performed with in the first 9 weeks of pregnancy. Early termination the better is for the woman, less complications. Most woman receiving their abortion within the first 9 weeks report no complications afterwards. Less than 0.Several have pondered upon the importance of abortion.

Deciding to have an abortion is an important decision in itself and having others dictate you can or cannot choose makes the situation even more confusing.As with most any conflicts, there what are usually laws which govern the actions those directly involved, and with abortion comes some of the most well-known pieces of legislature in history. Today in the United States abortion is legal in every state due to the decision of Roe v. Wade.Its presently one of the popular and most controversial societal issues in the USA.On the same day of the Roe decision, another case in the state3 of Georgia was also decided on, in the case of Doe v Bolton we the state in question also was found to be in violation of the appellants constitutional rights.The twenty Ninth Amendment: The enumeration in the constitution, of certain rights, shall not be construed to deny or disparage several others retained by the people. The Fourteenth Amendment: Section 1. All persons born or naturalized in the U nited States, and subject to the jurisdiction thereof, are citizens of the United States and of the state wherein they reside.Abortion isnt just the legal right of a woman, its the choice of a woman.

The side effects of abortion are sometimes critical. Some of them involve spotting logical and bleeding. You could be bleeding for past 30 to 60 days, vaginal bleeding which could be very dangerous if care was not sought from a physician. Another side affect is headaches and dizziness, fever and chills, nausea and vomiting, cramping, and diarrhea.Its the selection of a lady in whether part she wants to get one.Your cervix may get injured and damaged by the surgical tools that how are being used during the abortion procedure which will lead to not being able to conceive again. Women who have gone through abortion are at a greater risk of ovarian and cervical cancer. Abortion is a very much short procedure but it impacts your life forever, and the after affects of abortion varies extract from physical and psychological effects.Women may develop an eating disorders, or drugs on alcohol abuse, or they may have flash backs about the procedures themselves.Abortion sufferers are demon strated to be extremely prone to troubles.

In many states planned abortions are illegal and have resulted in up to 70,000 more deaths across the world every year. Many arguments support the issue on abortion. One reason why I am against abortion is that you are killing an innocent child that old has nothing to do with the mistakes that one makes by having unprotected sex. You should not kill an unborn child because you are ashamed and afraid of what people might say about you.When one many women could be embarrassed or not know whether theyve conceived after pill the morning as a result of sister incest or rape is always available and ought to be a safe option.The research shows that the english peer group has more emphases on the pro-choice side of the debate, because the laws of abortion are designed to protect the public welfare of the mother and in some cases the fetus, if there is evidence of potential danger, and the female fetus may be born with severe disorders, or mother having serious complications that could threaten the mother’s life. In the past, abortions were not as safe as they are today due to advanced technologies, making abortion safer than they’ve ever been before.Abortion is sometimes the best course because of medical issues, and sometimes due to other horrifying circumstances in which some women may become pregnant, such as rape, incest, and or other circumstances that may be legitimately valid reasons, and may lessen the quality of life for the child or mother. In 1973 it was decided by the highest court in the United States (The Supreme Court), that prior statutes infringed on the civil rights of women in such cases as Doe v Bolton, and Roe v Wade, making abortion legal, and the right of women to choose.Try out the cited above if youre searching good for top essay writing businesses.

Arguments for Pro Choice. Retrieved from Buzzle.com website: http://www.buzzle.Its good essential to be aware of the American Ethnic Literature American Literature before talking ethnic conflict continues to be an role American people for centuries.(n.d.). In Legal Information Institute.Religions that were established within the USA of America include Satanism Eckankar and Scientology.

html. Dudley, S., Ph.D.There are several reasons why you could be pro-life.d.). Retrieved from multi National Abortion Federation. Revised December 2006.Abortion was legalized in the usa of 1973 on January 22.

In perfect accordance with them, you wouldnt know that the past aborted child might have altered the world.(2012, late April 14). No One Called Me a Slut. Retrieved from http://www.nytimes.Human life begins at the time of conception.d.). In Legal additional Information Institute. Retrieved from http://www.

The usa is the most important nation on the planet.They has fought a lot of times for various reasons.html. Sengupta, S. (2010, early June 30). Should Abortion Be Legal.America faces many troubles.