Harry Potter and the Sorcerers stone Essay Example For Students

Harry Potter and the Sorcerers stone Essay The reason for perusing, when you get its hang, isn't only to follow the activity of a plot, however to find out about the characters, investigate various thoughts and enter different personalities. (Besotted with Potter, pg. 1) For some guardians, black magic is risky and evil. There is Good and Evil on the planet. Times are changing and some accept youngsters are presently more defenseless against misleading than offspring of prior occasions. This is unmistakably because of various occasions and culture, for example, social exercises affecting results of numerous issues. Also, various kinds of imagination, PC games, TV and the media, motion pictures and Books are on the whole the introduction of various creative mind. Contingent upon the wellspring of the childs creative mind, explicit inclination, ethics and qualities are reflected upon the childs sentiments and symbolism. Thirdly, extraordinary sort of study hall and instruction framework where multicultural training and the worldwide network require a typical arrangement of qualities unveiling conventional convictions and intolerant suppositions. There is a lot of good in childrens books, catching an existence where quality, mental fortitude, expectation, shrewdness, and love emphatically exist. Kids look for certification of the integrity of life through the books they read. Kids are essentially extraordinary in their investigation for they need understanding and they convey a high overpowering personal responsibility. Their fundamental capacity to rationale accept the kid should eventually depend on his own comprehension of this world. Dread of disappointment in specific conditions may emerge and in this way he makes the storys activity urgently significant. Fiction, especially dream makes these conditions for his thought. In a general public grown-ups and kids must cooperate for the wellbeing and self-acknowledgment of all. No individual can get self-acknowledgment at an expense of others, or a progressive framework for society will fizzle. This is the place sensible fiction contrasts from dream fiction; reasonable fiction guarantees kid self-acknowledgment inside limits; while dream makes boundless opportunities for experience and imagination. Books have enchantment in them, regardless of whether its enchantment of Shakespeare and Coelho or Lewis Carroll and Harry Potter. Regardless of whether its the good book or the Quraan, one may discover enchantment in his own specific manner of life through dream or authenticity. Show see as it were

Family Issues in the Play Death of a Salesman Essay -- success, life, p

The play, Death of a Salesman, is a heartbreaking show about a maturing sales rep who attempts to do everything he can to help his family and make them have fruitful existences. The battling sales rep, Willy Loman has two children, Biff and Happy, whom he attempts to drive towards progress. Willy accepts that being popular and establishing a decent and enduring connection are the keys to progress and attempts to show this way of thinking to his two children. Biff, being the most loved child of Willy, has filled in as an unskilled worker and Willy accepts that Biff can accomplish such a great deal more with his life. While Biff is glad, he doesn't meet Willy’s measures for progress. Biff can't satisfy Willy’s dream on the grounds that Willy’s thought of accomplishment isn't a real existence Biff needs to seek after. Biff Loman, an exceptionally fruitful secondary school football player, was probably implied for incredible things after secondary school. Be that as it may, Biff neglected to move on from secondary school because of bombing an arithmetic class, and furthermore didn't finish the class during summer school, in light of the conversation he had with his dad. The conversation was one that was enlightening, as Biff discovered that his dad was unfaithful to his mom, â€Å"Youâ€you gave her Mama’s stockings†¦don’t contact me, youâ€liar...You counterfeit! You fake minimal phony! You fake!â€Å" (95). This is the second in the play where Biff lost all regard for his dad. Due to not graduating, he lost his athletic grant to the University of Virginia. From that point forward, Biff has been working manual occupations in the west while not making more than thirty-five dollars every week. He is glad there however understands that there isn't a lot of future in that prof ession and winds up getting back without an occupation. Willy can't see how everything could have turned out badly for Biff. Willy has consistently been und... ...him† (111). This play has a story that I feel like numerous individuals can identify with. For my situation, my father would like on the off chance that I followed his strides into medication, however he says to do what I appreciate. While I positively wouldn’t preclude that field, it is ideal to realize that in the event that I need to accomplish something else, I have my family’s support. All in all, Biff won't follow in Willy’s strides because of the way that he has no inspiration or want to go into the business world. Willy bites the dust feeling that his life was a triumph on account of the cash he is leaving for his child though it isn't, in any event in the manner in which he thinks. Biff breaks free from Willy’s bogus dream and tells Happy: â€Å"He had an inappropriate dreams. All, all, wrong... He never knew who he was† (111). Glad ends up taking the cash to begin a business and keeping in mind that that was not Willy’s fundamental point; it is some different option from nothing. Family Issues in the Play Death of a Salesman Essay - achievement, life, p The play, Death of a Salesman, is a terrible dramatization about a maturing sales rep who attempts to do everything he can to help his family and make them have fruitful existences. The battling sales rep, Willy Loman has two children, Biff and Happy, whom he attempts to drive towards progress. Willy accepts that being popular and establishing a decent and enduring connection are the keys to progress and attempts to show this way of thinking to his two children. Biff, being the most loved child of Willy, has filled in as an unskilled worker and Willy accepts that Biff can accomplish such a great deal more with his life. While Biff is glad, he doesn't meet Willy’s standards for progress. Biff can't satisfy Willy’s dream in light of the fact that Willy’s thought of accomplishment isn't an actual existence Biff needs to seek after. Biff Loman, a profoundly fruitful secondary school football player, was as far as anyone knows implied for incredible things after secondary school. Nonetheless, Biff neglected to move on from secondary school because of bombing an arithmetic class, and furthermore didn't finish the class during summer school, in view of the conversation he had with his dad. The conversation was one that was educational, as Biff discovered that his dad was unfaithful to his mom, â€Å"Youâ€you gave her Mama’s stockings†¦don’t contact me, youâ€liar...You counterfeit! You fake minimal phony! You fake!â€Å" (95). This is the second in the play where Biff lost all regard for his dad. Due to not graduating, he lost his athletic grant to the University of Virginia. From that point forward, Biff has been working hands on occupations in the west while not making more than thirty-five dollars per week. He is glad there yet understands that there isn't a lot of future in that profes sion and winds up getting back without an occupation. Willy can't see how everything could have turned out badly for Biff. Willy has consistently been und... ...him† (111). This play has a story that I feel like numerous individuals can identify with. For my situation, my father would like on the off chance that I followed his strides into medication, yet he says to do what I appreciate. While I absolutely wouldn’t preclude that field, it is ideal to realize that on the off chance that I need to accomplish something else, I have my family’s support. All in all, Biff won't follow in Willy’s strides because of the way that he has no inspiration or want to go into the business world. Willy kicks the bucket feeling that his life was a triumph due to the cash he is leaving for his child while it isn't, in any event in the manner in which he thinks. Biff breaks free from Willy’s bogus dream and tells Happy: â€Å"He had an inappropriate dreams. All, all, wrong... He never knew who he was† (111). Upbeat ends up taking the cash to begin a business and keeping in mind that that was not Willy’s primary point; it is some different option from nothing.

Legalized Killing Should Be Abolished Essay -- Capital Punishment

The death penalty, additionally called capital punishment, is the discipline by death for a wrongdoing, and the main type of legitimized murdering. It might be completed by electric shock, hanging, deadly infusion, gas chamber, and terminating crew. Capital punishment has been exiled in more than one hundred and thirty nations, and it has been nullified in each industrialized country with the exception of the United States of America. In the United States, the death penalty has been an incredibly disputable issue that separates the nation and prompts disharmony. Capital punishment nullification development is developing, and some advancement is being made, however there is a ton of work yet to be finished. There are different associations utilizing various roads to nullify capital punishment. They have been fruitful in New Mexico, Illinois, New Jersey and New York. These are associations like Amnesty International, The National Coalition to Abolish the Death Penalty (NCADP), and The People of Faith against the Death Penalty (PFADP). Absolution global is a persuasive and a notable association that is set up in various pieces of the world and dynamic in the protection of human rights since 1961. It is one of the biggest and most popular global nongovernmental associations that is devoted to helpful treatment surprisingly. Acquittal implies a general exculpation for offenses or a demonstration of absolution for past offenses. They fill a few needs on the achieving of equity, harmony and social equity. Be that as it may, one of their fundamental objectives is to nullify capital punishment. The association has been very effective in numerous nations and a few states in the United States. Pardon International sticks out, in light of the fact that it has great legislative contacts all around the globe, so â€Å"Amnest... ... 2012. . Draper, Thomas. The death penalty. New York: H.W. Wilson, 1985. Print. Gottfried, Ted. The Death Penalty: Justice or Legalized Murder? Brookfield, CT: Twenty-First Century, 2002. Print. Shown Oxford Dictionary. London [etc.: Dorling Kindersley, 2003. Print. Kennedy Cuomo. â€Å"Abolish Capital Punishment† in Blot, David (Ed.) Supplementary Readings on Peace and Nonviolence. Bronx, New York: independently published, 2008. Kronenwetter, Michael. The death penalty: A Reference Handbook. Santa Clause Barbara, CA: ABC-CLIO, 2001. Print. McCarthy, Colman. The World's Only True False Quiz on Legalized Killing. The Center for Teaching Peace. Bulletin, 2011. Weisberg, Roger and Vanessa Roth. â€Å"No Tomorrow (DVD).† Docuramafilms. A Production of Public Policy Productions, 2010.

Mitosis experiment free essay sample

Presentation The reasonable will include the planning, perception, and characterization, of the different phases of mitosis by watching garlic root tips utilizing a magnifying instrument. The examination goes under the heading of cytogenetics which is the visual characterisation of hereditary material and the investigation of how that material responds during the life of the phone. Carefully, mitosis is the division of the core into two little girl cores that are indistinguishable from each other and to the parent core. Mitosis is a piece of the cell cycle which additionally incorporates chromosome replication and division of the cytoplasm for example cytokinesis. The chromosomes are constantly present in the core yet they are most effectively observed when the core separates. During this division procedure chromosomes contract essentially after which they can be seen under the light magnifying lens as particular string like structures. Chromosomes are generally concentrated by getting effectively isolating tissue, fixing the material to slaughter the cells, and to save their structure, recoloring the chromosomes with a color, and afterward watching them with a magnifying lens. We will compose a custom paper test on Mitosis try or on the other hand any comparative theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page By considering mitosis along these lines, changes that happen in the chromosomes can be watched and the obvious occasions that realize the procedure of heredity in physical (body) cells can be seen. Moreover, utilizing certain synthetic compounds it is conceivable to capture the division procedure toward the finish of prophase and catch the chromosomes in their most consolidated structure (see karyotyping). This method allows the investigation of number, size, and structure, of the chromosomes, and empowers us to perceive how these parts of chromosome association fluctuate starting with one animal types then onto the next. General Procedures for making Slides to examine Mitosis Cells, partitioning by mitosis, can be found in the effectively developing (meristems) some portion of a life form and in tissues where the cells require nonstop substitution. It is regular to work with meristematic districts of the roots albeit different pieces of plants can be utilized. In creatures the wellspring of material might be youthful incipient organisms, cells from the testicles or in people, white platelets developed in culture medium. For most purposes, investigation of the meristematic or effectively separating locale of plant root tips is the most helpful. A straightforward technique, and the one that is utilized for this situation, is to suspend a clove of garlic (Allium sativum) on a measuring utencil loaded with water so thatâ the base of the clove is secured by the water. Inside a day or two, roots will have started to develop into the water and these can be utilized when they are around one centimeter long. The resultant arrangements ought to permit investigatio n of the considerable number of phases of mitosis. System for root tip arrangements 1.Garlic root tips have been warmed for 1h at 60 ºC in aceto-orcein stain contained in bubbling cylinders 2.Transfer a whole root tip (for example one with an unblemished point to the tip) to a spotless magnifying instrument slide utilizing a couple of forceps 3.Gently edge a spread slip over the example and lower it on 4.Place three squares of smudging paper over the spread slip and delicately, at that point with expanded weight, press your thumb vertically down on the blotching paper 5.This expels abundance stain and causes separate the chromosomes to give expanded clearness Contemplating mitosis under the magnifying lens 6.Place the slide on the phase of the magnifying instrument and spotlight on regularly isolating cells utilizing the X10 objective. The morphology of cells in the isolating area of the root is very explicit, by being generally square and in uniform long queues. 7.Once the district of division has been found change to the X40 target to see the chromosomes and recognize the different phases of division. 8.It is significant not to search only for the different stages in detachment yet to fit them into the example of the cell cycle beginning with prophase and consummation with telophase. 9.Draw and name each stage noticing on your outline the amplification (utilize a large portion of a page for each drawing. 10.If conceivable note the quantity of chromosomes present in the substantial cells of garlic by including the chromosomes in ten delegate cells. You ought to ask yourself the accompanying inquiries: †¢Are the chromosomes present as discrete structures? †¢Are chromatids obvious and would they say they are discrete? †¢Are the chromatids orientated in a specific manner? †¢Have the chromatids isolated into two particular gatherings? †¢What mitotic stage(s) is/are generally normal? †¢Can I personality the different phases of thickening in prophase? †¢Can I survey the overall places of the centromeres? †¢Can I follow the advancement of the chromosomes at anaphase by contemplating different cells in anaphase by noticing the estimated places of the centromeres? †¢Can I distinguish cytokinesis by improving the clearness of the telophase stage (see informative supplement)? †¢Do I watch any polyploidy cells? Phases of mitosis Interphase Carefully, interphase isn't a period of mitosis, however is the ordinary resting condition of a cell. The chromosomes are available as a nebulous recolored material. Prophase The chromosomes step by step abbreviate and thicken by compression or buildup thus become progressively self-evident. This lessens the odds of chromosomal ensnarement or breakage in the later phases of mitosis. Cautious perception of prophase and metaphase under high force will confirm the way that every chromosome is a twofold structure made lengthways out of a couple of sister chromatids that will in the long run move to furthest edges of the phone during anaphase. Metaphase At the point when the chromosomes have moved or congressed to the equator of the cell they are supposed to be in the metaphase condition. The chromosomes become joined at their centromeres to the axle with the end goal that the sister chromatids are appended to inverse posts. The shaft won't be noticeable utilizing the aceto-orcein recoloring technique however the centromeres can be found lying along the equator. Anaphase Sister chromatids are held together by a strong power of obscure nature up until the start of anaphase. Toward the start of anaphase the firm power breaches to permit the chromatids to move to inverse shafts of the axle. In these anaphase cells the inexact situation of the centromeresâ can be resolved on the grounds that they presently point straightforwardly to the posts, while the chromosome arms trail behind.

Law - Finance and Investment Law Essay Example | Topics and Well Written Essays - 4000 words

Law - Finance and Investment Law - Essay Example In the United Kingdom, there was a review which was led by the protection business. The outcomes demonstrated that the UK yearly loses  £85 billion consistently, and the greater part of this sum is identified with drugs. In any case, there are various laws in the UK which can forestall the event of illegal tax avoidance. One of the significant commitments that a British resident has, is to report an instance of illegal tax avoidance on the off chance that the individual in question knows about that. In the event that the individual doesn’t make a report be that as it may, the person in question may need to go through fourteen years in jail. The Authority of the House of Lords (2009, p.8) states ‘Money laundering includes the accompanying stages, which may cover: Placement stage: where money got straightforwardly from crime (for instance, from deals of medications) is either set in a monetary organization or used to buy a benefit; Layering stage: the phase at which there is the principal endeavor at camouflage or mask of the wellspring of the responsibility for reserves; Integration stage: the phase at which the cash is coordinated into the real monetary and budgetary framework and is absorbed with every other resource in the system.’ generally, tax evasion is the procedure through which illicit cash acquired from means, for example, sedate dealing, prostitution and coercion is constrained through a cycle which in the end makes that equivalent cash show up as though it was gotten through legitimate methods. It’s incredibly troublesome of putting an ideal estimation of tax evasion. The International Mo netary Fund of the IMF gauges that the illegal tax avoidance industry overall is worth around one trillion U.S. dollars every year. This sum is 3% of the world’s total GDP. The Authority of the House of Lords (2009, p. 27) states ‘The significant special case in worldwide practice to the default position, ordered by the UN

An Inward Journey - Literature Essay Samples

The journey in Heart of Darkness traverses not only the capricious waters spanning our physical world, but also the paradoxical ocean which exists in the heart of man and all of mankind. Through Marlows somewhat fanatical eyes we view the enigma that is humanity, and the blurred line between light and dark. It is a voyage into the deepest recesses of the human heart and mind, leading to epiphany, enlightenment, and finally spiraling downwards into the crevices of a hell existing within each and every one of us. Although through Marlow Conrad depicts a journey into the Congo, his use of symbolism and wordplay divulge that it is something much more profound.The Heart of Darkness as an entirety is one immense metaphor, whose numerous annexes can be either convoluted or self-evident. Almost every action, object, and character in Conrads book has a deeper, more relevant meaning behind it, serving to bring the reader ever closer to the conclusion that the voyage is indeed an inward one . The first major indication of this is the posture of Marlow as he recounts his journey into the Congo. According to the narrator, he had the pose of a Buddha preaching in European clothes and without a lotus-flower. This lotus position is one typically used for meditation, which is in fact defined as a spiritual journey promoted by a lucidity of thought. Successful meditation leads to a more discerning understanding of human nature and allows one to contemplate the innermost workings of the mind. Therefore Marlows stance capitalizes on his true destination, insinuating from the very first pages that his journey is actually within himself. From the start of Marlows tale there are a myriad of symbols relating to the unchartered places of the subconscious, and the journey intended to discover them. For instance, Marlow is lead to a room by two silent women spinning black wool (The women represent the Fates of Greek mythology, who spin a skein of wool which symbolizes a persons life. The fact that these womens thread is black creates an ominous sense of foreboding.). There his attention is drawn to a map and he finds himself enthralled by a large river coursing through the heart of Africa. He notices that the river resembled a snake, and that it was fascinating. For some odd reason, this long, sinuous river tempted him, despite its reptilian connotations, which already alerts the reader to danger ahead. The river is akin to the serpent in the biblical story of Adam and Eve, offering the unwitting pair a forbidden fruit wisdom, and a dark knowledge of oneself. Also, throughout the journey, there are repeated references to both life and death. Uncannily, these two are always intertwined. For example, there is a theme of bones which is constantly recurring in Marlows story. The Swede mentions a man who died, and whose skeleton was left sprawled on the ground until the grasses began to grow up through his ribcage. The grass represents life, and of c ourse, the skeleton represents death. These two are woven together. Also, there is Kurtzs obsession with ivory (dental bone), and according to Marlow he has the appearance of the object of his fixation. From Marlows description, Kurtz bears a skeletal resemblance even when he is alive. Conrads frequent symbolic combinations of life and death is probably one of his numerous parallels to light and dark, echoing the fact that the two must exist stimultaneously there cannot be without the other.Conrads book is based on the presence of light and dark within everyone, and in Marlows journey the question is often posed of which is predominant. There are times when darkness usurps the light, others when it is the opposite. However, the darkness (evil) usually tends to prevail. Conrad is implying that a sense of evil resides in the core of every human, and therefore reigns at the centre of humanity, however veiled by morals, civilization and refinement. This is one of the main facts Marlow ascertains on his journey, for he sees darkness everywhere, even when there is light.Just as the line between light and dark is indistinct, the barrier segregating civilization from savagery is equally obscure. In Africa, Marlow repeatedly encounters natives, and his crew is comprised of twenty cannibals. As they progress deeper into the heart of the forest, we can take note that black people are dehumanized. They are perpetually referred to in animalistic terms, and are treated as such. However, it is these savages who survive and thrive in the heart of darkness, and whose ways eventually engulf Kurtz. There is also the indication here that technology, civilization, and refinement have been rendered useless. For instance, Marlow encounters a graveyard of dead machinery, rusted over and obsolete. Also, his vessel sinks to the bottom of the river, forcing him to remain at one of the stations for a long period of time. Every character thought to be at the pinnacle of c ultivation and etiquette either dies or becomes corrupted by his surroundings (Kurtz, Fresleven). It is apparent that civilization is utterly futile in such surroundings.Kurtz serves as a prime example of a civilized gentleman who capitulates to his barbaric side due to his environment. Regardless of the respect and admiration showered upon him by his peers, not to mention the jealousy, he was at heart a hollow man, consumed by his greed for ivory. This is probably why he gave in so readily to his primitive instincts, partaking in the horrendous rituals of the natives, and letting his dark essence become the hub of his actions. Kurtz is also symbolic of the evil within our society, for people saw him as the emissary of science and progress. He represents the person found deep within the recesses of our subconscious, the core of darkness ever-present beneath the gauzy layers of refinement and civility. One evening coming in with a candle I was startled to hear him say a little t remulously, I am lying here in the dark waiting for death. The light was within a foot of his eyes. In this quote we can see that, symbolically, Kurtz is so overcome by darkness that he is blind to light. This is also embodied in an oil painting done by Kurtz, depicting a blindfolded woman surrounded by darkness but carrying a torch which casts a sinister light over her face. The blindfolded woman can be taken as a common Western symbol of justice and liberty, things that man has created to differentiate himself from the beasts and savages. The fact that the woman is enshrouded in darkness with only insufficient torchlight to guide her says a lot about the nature of our society.The culmination of Marlows journey leads into the heart of darkness, or in a more worldly sense, Hell. Heart of Darkness fosters the allusion that hell is within us, that it is the evil existing deep inside our souls. Marlow visits this place when he finally encounters Kurtz, and his innocent morals are c hallenged. He views firsthand the inhumanity man is capable of, and the journey begins to take on all the properties of a nightmare. When Kurtz himself is lying on his deathbed, he sees into his own heart, looks his personal hell in full view, and utters things which give Marlow a grim revelation as to what lies within that black abyss. Kurtzs final words, as he ends his voyage into his bitter core, are The horror, the horror! referring to what he sees inside himself.The journey Marlow undertakes is seemingly in our own world, something which we reside in yet know so little about. We delude ourselves into believing that we can tame and subdue it, and that it will readily succumb and be molded to our good intentions. However, just as trying to harness the dark and primal nature within ourselves is impossible, this is an equally unattainable fantasy. Conrads world is an embodiment of humanity, its ocean is its heart, and its impenetrable forest is its mind. Through Marlows epip hany it is revealed that at the mouth of every river, at the core of every grove, subsists a perpetual darkness encased in light.

Essay On Hedging Student Finance Essay - Free Essay Example

Hedge funds have grown and deepen their roots in the recent years. At present trillions of dollars of assets are controlled by hedge funds. what happens in the hedge funds market in a matter of concern for every American. In the period of 1998-2008 the amount of hedge funds has increased dramatically. A firm in Chicago said the funds exploded from $374 billions to almost $2 trillion in a hedge fund research. Flushing with money, hedge funds gained enormous air of mystery and soon became the hottest talk about thing on Wall Street. The financial distress gave rise to the increasing hedging practice. Because the markets have become so uncertain that every investor wants to have a safe net so that he doesnt lose out his money. Most of the studies carried out in hedge funds are based on two dimensions, the companies who hedge and the companies who dont. Not every company uses derivatives and not every company hedges and there are some who dont prefer disclosing the amount of hedging practice in papers available to the public. Of late empirical evidences have in a way supported the usage of currency borrowings to be a hedge management tool. What is Hedging? A hedge is a risk management strategy, an arbitrage situation to minimize the loss from fluctuations in the prices of commodities, currencies or securities. It can be said that hedging is like buying an insurance policy to transfer the risk. Moreover, hedging is like a bet in the gambling sense, where you put another bet in addition to minimize the risk of the unsettled bet. The daily nuance of this practice is to gain a protection against the possible unfavorable outcome. It normally takes into consideration equal and opposite situations in a market, such as cash and future markets as an example. In easier words, you will leave early to catch a train. Here, you are hedging a bet to board the train on time. Financial hedges are undertaken to reduce or eliminate the risk of a transaction already taken or an outstanding transaction to be on a safer side. What are the driving factors of hedging for both financial and non-financial firms? As we know, all the businesses these days have become international businesses. Hence, the fluctuations in currency are unavoidable. It affects the cash flow, profitability and asset /liabilities positions. All the firms are involved in import and export activities. And the major risk here arises is the currency exchange risk. A company might be earning in Dollars but will be paying for the costs in some other currency. These values change every day. They are highly volatile, escalating and declining dramatically. Hedge is normally related to financial firms like, traders, banks, investment institutions who are exposed to currency risk or speculative businesses. Practically, there is no way any business can be completely immune from the above mentioned risks. And as a risk management practice, the firms make provisions and hire professionals to carry out hedging so as to safeguard their investments. At present, the hedging market is a flippantly regulated group of investment vehicles of similar characteristics. Lately, non-financial firms too have started hedging owing to the fluctuations we just talked about. And in addition there are several benefits as mentioned below: Tax benefits Be it a small or a large firm in the countries where the tax structure is just the opposite to the concave tax structure, then these firms can decrease the tax liability by hedging. Smith and Stulz(1985) showed that the volatility is costly for firms with convex effective tax functions. Like in Canada, they have a statutory progressive tax structure for individuals and to limited corporate firms. Lets take an example, if a firm is expecting a loss of $200000 or earn $200000 and tax rate being 30%. Thus, the firm will have to pay $30000 as taxes even though the expected income is zero, without hedging. Here, we have ignored the tax code like the ability to carry forward losses which reduces the tax convexity and provides with a tax incentive to hedge. It has been found in previous studies; the greater the convexity the greater will be the tax benefits. And the tax function is convex when the marginal rate increases. Graham and smith (1999) have said that existing NOLs(net operating lo ss) provide a disincentive to hedge firms expecting a loss but will offer incentive to hedge for profit expecting firms. Boosting debt capacity If we go through the theories of Stulz(1996) , Ross(1947) and Leland(1998) we get to know that by reducing the volatility of income and/or reducing the probability of financial distress, hedging increases debt capacity and which in return also provides to be a tax incentive to hedge. Leland(1998) in his presidential address to American Finance Association had made clear two things as quoted by him the principal gain comes from the fact that lower leverage volatility allows higher leverage with consequently higher tax benefits and a secondary hedging gain comes from lower expected default rates and distress costs, consequential from unused debt capacity. There have been arguments which suggested that tax shield from increased leverage is of more importance than reducing expected distress cost. Financial distress remedy Dolde(1995), Berkman Bradbury(1996), Haushsalter(1998), Gay and Nam(1999), Howton and perfect(1999) and Graham and Rogers(2002) use the debt ratio to measure expected costs of financial distress and found that higher hedging is observed with increasing debt ratios. Volatility will reduce the firm value if the financial distress is sumptuous. Most researches have suggested that the relation between greater expected financial cost give a rise to hedging which presumes that higher debt capacity faces higher financial distress. What hedging/leverage casualty can do is; hedging may increase debt capacity, but higher leverage can boost up the incentive to hedge. In empirical researches it has been found that the relation between costs of financial distress and hedging are positively correlated with the probability of a firm in financial distress will hedge. Due to the huge cost of bankruptcy, in inevitable for firms to hedge themselves against the huge risks they are exposed to which will lead to a lot of financial distress. Normally these risks are closely relevant to the firms fixed commitments and interest expenses. Agency problems When the decision to hedge is contractive, hedging helps in eliminating the agency problem by diminishing both the risk premium and the equilibrium amount of earnings management. Although hedging does not always solve the problem and instead allowing earnings management is preferable but it does help some firms. The main reason behind it being that if they change the structure of earnings management it might lead to inefficiency. So it has both the pros and cons. Although, with an increased hedge option, the principal may achieve efficiency by stringently forbidding the earnings management, since the cost to eliminate dead-weight loss from earnings management can be lowered significantly by hedging. Restricting shareholder and bondholder interest Shareholders bear the entire cost of investment and hence would expect the investments to be nurturing but the returns accrue towards the debt holders as well such as shareholders will be worse off. Bessembinder(1999) has once argued that as hedging reduces the profitability in situations of financial distress it proficiently moves individual future states from default to non default results. Hedging firm may promise to obligations in conditions where it wouldnt have been able to negotiate contracts with regards to lower borrowing costs otherwise. Inconsistency in investments will be unfavourable, to an extent of diminishing marginal returns to investment. In current asymmetries the cost of marginal funds will increase with increase in funds. And if they available funds run short, the need will met by borrowing from outside institutions and which will result into decreased investment. This will have a negative impact on the npv and the firm value as a whole. Here, the hedging techniq ue may come out as a good idea to manage the internal funds,provding a safe net on the fluctuations and the firm does not have to spend on borrowing from external sources and thus improve the firm value and the net present value. Thus, a firm with higher level of debts, will undertake a hedging programme, if their growth value is highly affected by the value of the firm. Improving managers wealth portfolio If the variability of their compensation is related to the volatility of corporate incomes and cash flows having a convex utility of function then, corporate volatility can be costly (stulz(1984). The Within the hedge fund industry it is the skill of the manager (alpha), rather than the performance of a market or asset class (beta), that should principally determine how well they perform. As quoted in a publishing by the National Association of Pension Funds Limited 2009. The infamous 2 and 20 formula of compensation has gained a lot of majority and appreciation in hedge funds currently in operation. It means that a hedge fund manager receives 2% of assets and 20% of profits each year out of the hedge funds operating agreement. In short, if they lose the money, at least a guarantee 2% return with negligible problems will be given. Hence, we can say that a manager earning 1 billion pound may take home 20 million pound by just investing the companys funds in the bank. Its very obvious that with such returns, the client may defect before long and is in the best interest of the fund manager to boost up his returns. Firms facing currency exchange risk As almost all the firms these days are engaged in import and exports. There is not just one currency they are dealing with. They might be producing their product in dollars or yen but the remuneration is in different currencies with different exchange rates which fluctuate every day. In such a scenario, its very difficult to maintain the cash flows and the investments and the accounting of the same. Any company wouldnt like to risk their funds and profits to an uncertain market. So they buy forieng currency derivatives and hedge them. So that they dont lose out their profits. It is practically unavoidable for any international firm to not hedge. There are different risks which come as a package with currency exchange risk. The firm is operating in a different currency country, exporting in a different currency, outsourcing the managerial work to another country. The whole world has become a market but the currency is not universal. The financial firms deal with different currencies. They deal in commercial papers, loans, borrowings, equity, bonds etc. So they are ought to hedge no matter what as a risk management practice. But the firms who in a way have the same need to hedge like these firms also jump into the world of hedge funds. The cost of hedging is no less. But the cost is comparatively less than the risk exposure. Hedging is a necessity of small and medium firms, big companies have a bigger risk appetite. They will be able to raise funds and reinvest and recover their losses which is not the case with small firms. Hedging has other benefits too like they make the financial statements and more detailed and revealing to the investors and stakeholders which might improve the firms value in the market. Any investor would prefer a company who is making provisions for future uncertainties and not just presuming things to go their way when it comes to exchange rate. If a firm is ready to face their risks by taking prior precautions then it can concentrate on its main aim of profit earning and growth. In 1999, Mian studied the annual reports of 3002 companies in 1992 and found that 771 companies did some risk hedging in the course in that year. And out of these 543 firms disclosed their hedging activities in the financial statements and 228 mentioned the use of hedging as a risk management strategy but didnt disclose the details about the extent of hedging. Larger firms were hedging more as compared to smaller firms, because it was relevantly less costlier due to the economies of scale. In 1996, Tufano made several interesting observations: Almost 85% of the industries hedged gold price risk between 1990-1993. UK firms have a better incentive than the US counterparts ? US firms basically hedge currency exchange risk and commodity risk more than any other risk. George soros rose to fame and fortune when the British pound was going through a rough phase. Hedge fund managers are now looking for ways to earn out of the financial distress in the European countries. it is unlikely in Europe, because the way Europe works is incremental crisis, incremental recovery, London-based Robert Marquardt, founder of funds of hedge funds Signet said. The Euro went down to 3.3% percent against the US dollar this year. Brynjolfsson and several other US money managers trying to expect a gain from European crisis say that expect a lot of winners out of Europes misery. Seeing the rise in the global transactions secondary transactions which was expected reach an aggregated value between 25 euro billion to 30 euro billion, was true. As compared to 20 million euros in 2010 and 25 euros in 2011 it seems Europe will continue to host the bulk of secondary transactions. The pro minent Uk and French markets have continued to fuelled in by the Banks and Insurance companies, whereas public pension funds represent the largest category of sellers in US, says Nicolas Lanel, managin director and head of European secondary market advisory at UBS. Marleen Groen, CEO and founder of Greenpark Capital, agreed: Many pension funds are also waiting for further clarity on the implications of the occupational pension funds directive upon their private equity holding. She adds that funds fear renewed recessions in some European countries. The dominance of the EU in the management of speculative funds is seen to be irresistible. although the dominance will have to be put into a viewpoint: British represent $212 bn compared with a total of $1000 bn for funds locared in the US making the London hedge fund market no more than a Trojan horse for the US hedge funds.

The Electoral Collegers Structure - Free Essay Example

Sample details Pages: 4 Words: 1107 Downloads: 4 Date added: 2019/05/23 Category Politics Essay Level High school Tags: Electoral College Essay Did you like this example? The Electoral College is a medium established by the founding fathers between the United States Congress and the people in order to agree on a new president. It replaced direct ballots in order to prevent a tyrant. The process involves five hundred thirty eight electors, which consist of two senators for each state and one person for each member in the House of Representatives. Don’t waste time! Our writers will create an original "The Electoral Collegers Structure" essay for you Create order Together, these people decide the next American president by majority vote. This essay will examine the Electoral Collegers structure as well as itrs rationale and impact on the government and its citizens throughout the development of the nation. The foundations of the Electoral College lie within the idea of preventing tyranny a concept that America has strived to keep out of the government, as seen through its history with Britain. Another concern of the founding fathers is that the citizens wouldnt be involved or informed enough to make the appropriate decision. Although only qualified citizens are allowed to vote, the average American does not have the same experience as a senator or representative of the House would have. For these reasons, the Founding Fathers made the executive decision to give the States the authority to appoint educated and experienced electors to vote on behalf of citizens that share their views. The concept of an Electoral College was opposed by an anonymous source in Federalist Paper No. 72, and was famously argued for by Alexander Hamilton in the Federalist Paper No. 68. The founding fathers were afraid, not only of tyranny, but of the extremes of democracy. James Madison was worried about what he coined factions, which are populations of people with common interests which might potentially harm others, or even the nation. As a solution, Madison proposed a republic and integrated representation within the government. The function of the Electoral College is to preserve the essence of the American citizens, while ensuring that a president is chosen by men most capable of analyzing the qualities adapted to the station, and acting under circumstances favorable to deliberation, and to a judicious combination of all the reasons and inducements which were proper to govern their choice. (Miller) Although this was the original intention in creating the Electoral College, today, this process is a formality at most due to the loyalties of most electors and those bound to vote according to the popular vote, decided by the people. President Trump, a modern day f igure, says that the Electoral College is different and that he prefers the popular vote because itrs much easier to win the popular vote. Purpose A concern in utilizing the process of the Electoral College is the fear of losing the essence of the popular vote. This has happened four times throughout American history, and most recently in the Election of 2000 when Al Gore lost despite having 48.4% of the popular vote, opposed to 47.9% for George W. Bush. Statistics show that this was about a 500,00 vote margin. There was also a struggle over the count in Florida that reached the Supreme Court. Ultimately, Bush was declared the winner with 271 votes through the Electoral College one more than the minimum to declare a majority vote. The Electoral College process begins with the people, who vote for presidential electors by popular vote. These electors are then sent by each state to the United States capital to directly vote for the presidential candidates themselves on the first Monday after the second Wednesday of December. In general, the winner of the each staters popular vote receives all of the votes in the Electoral College and each state is assigned two Senate seats in addition to its reserved seats in the House of Representatives. Due to the popularity and distribution of support required to become elected as president, the Electoral College does contribute to the unity of the country.Some believe that this distribution should carry more weight than just the popular vote due to saturation in any one state or area. The process also enhances the interests of minorities and special interest groups in the government since it allows them to make an impact on decisions being made. Minorities have more potential to impact they state they reside in, in comparison with the entire country. This in turn protects these groups and creates a leverage effect, forcing the presidency to give more consideration to these populations due to their impact. Aside from that, the Electoral College supports the political stability of the United States through its preservation of a two-part system, and thus defending a federal system of government and representation for the people. Despite the advantages, the fault in the Electoral College arose from its foundation, which demonstrated a distrust in the people, and is therefore essentially against the democracy. Because of this lack of trust, even qualified American citizens are kept from having a direct say in their nationrs leader, and will potentially lead to a president that the majority doesnt support. Aside from this issue, presidential candidates have always been encouraged to concentrate their campaigns and keep their time and resources saturated in a handful of battleground states. Generally, all of these states are more heavily populated states where neither party has an overwhelming advantage. This means that some mega-states, such as California, Texas, and New York, are largely neglected due to their predetermined support for a certain party. States such as Florida, Pennsylvania, and Ohio are typically more exposed to running candidates and their surrogates compared to the rest of the country combine d. Due to political insight, smaller states that have electoral votes in the single digits are often left off campaign itineraries altogether, despite the fact that each citizenrs vote is supposed to have the same worth. Some candidates feel as if these states barely have any impact and are a waste of time and resources. The Presidential Election of 1860 is a good representation of the difference between the Electoral College and the popular vote. During this election, John C. Breckinridge was the candidate representing the Southern Democratic party and Stephen A. Douglas was the Democratic representative. With votes concerning just these two, the popular vote favored Douglas with 1,380,202 votes against Breckinridge, who only had 847,953. Despite public opinion, Breckinridge ultimately had the upper hand because of his domination through the Electoral College. Breckinridge received 72 electoral votes, which trumps over the 12 electoral votes Douglas received. Aside from that, Abraham Lincoln was able to win against both of them, due to the controversy and split opinions on the topic of slavery. The Electoral College was split into those that supported slavery and those that didnt and Lincoln ultimately acquired more votes than both of the Democratic candidates.

Psychological Analysis Of Michael Henchard s The Mayor...

A psychological analysis of Michael Henchard, the protagonist of Thomas Hardy’s novel, The Mayor of Casterbridge, determines that Henchard suffers from numerous forms of distress. This analysis allows me to agree with Jeff’s statement that Henchard is the most psychologically complex character in the novel. The character’s complexity is discerned through his unstable judgments, beliefs and actions which will be considered and dissected in this essay. Henchard’s ambiguity makes it difficult to place him in one specific category of psychological distress. In this essay, I shall examine Michael Henchard’s character to argue that he fits the description of having Borderline Personality Disorder. Jeff stated in class that Henchard’s consideration and loyalty to his vow increases the reader’s respect for him. Although there may be some truth to Jeff’s statement, I would suggest that the recognition of Henchard as someone who suffers from uncontrollable distress has more of an impact on the reader’s attitude towards him. In order to analyze Henchard’s character, I must first qualify my statements by saying that there is no single disorder that encapsulates Henchard’s distress. Also, it is not a given that a person suffering from a particular disorder will have all the symptoms. With that being said, the assertion of this essay is that Henchard suffers from Borderline Personality Disorder. Henchard meets the diagnostic criteria for this disorder because the traits he displays are

Career And Interest Self Assessment Results - 935 Words

Self Assessment I. Career and Interest Self-assessment Results This self-assessment test was something that narrowed down possible interest and helped the participants open their mind to new careers. In-fact when I finished my test I was able to view the different careers that feel in my interest category. Taking a survey and calculating the different likes each field had accumulated determined my test outcome. After gathering the likes that had accumulated I was able to determine which inventory category was strongest. My top inventory was conventional which states, I am one who likes to follow set rules and procedures, and prefers detail and clear lines of authority (Self-Assessment, n.d.). My second strongest inventory category was Social, which states, I like work activities that promote learning and development (Self-Assessment, n.d.). Not only did I learn what my strongest inventory was I also had the ability to learn which jobs fell under those categories. Out of each category within the level 5-education requirement, I had one job that s tood out over the others; category one conventional had Math Professor. This job is something that would be interesting, but I am not sure if I would want this job as a career. The social category had one job that also caught my eye, health educator. After all the research and looking at each one of the categories and the possible job opportunities I have come to the realization that the test are estimates. I personally do not thinkShow MoreRelatedCareer And Interest Self Assessment Results952 Words   |  4 PagesI. Career and Interest Self-assessment Results This self-assessment test was something that narrowed down possible interest and helped the participants open their mind to new careers. In-fact when I finished my test I was able to view the different careers that feel in my interest category. Taking a survey and calculating the different likes each field had accumulated determined my test outcome. 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I completed research and found three popular interest inventories- the Strong Interest Inventory, the Myers-Briggs Type Indicator and the Clifton Strengths Finder. Each of the three assessments analyze the same generalRead MoreSample Resume : The Livecareer Skills Assessment1440 Words   |  6 PagesThe LiveCareer skills assessment gives the i ndividual the opportunity to complete an assessment to determine which occupations match the skills of the individual. In taking this assessment, the reader was able to gather information on careers that are of interest. Most people select careers that they are interested in or have the skills to perform certain jobs. According to the text, a career is defined as the pattern of work-related experiences that span the course of a person’s life (Werner DeSimone

Kylinn Boyer #4. Octa 242 Productive Aging . Instructor

Kylinn Boyer #4 OCTA 242 Productive Aging Instructor: Witsken 2 March 2017 Smoking Cessation and Elder Wellness General Overview of Topic As we age, it affects overall functioning and our organ systems. By smoking cigarettes, elders can increase their risk for getting a life threatening disease or progressing one they may already have. It is important for elders to stop smoking cigarettes and focus on their overall health. Elders can achieve smoking cessation by receiving occupational therapy services promote healthy habits, recognize triggers, and balance daily occupations properly. According to The American Heart Association, older adults were smoking cigarettes long before there was any extensive research on the effects of†¦show more content†¦Older adults tend to have more surgeries. Therefore, quitting smoking prior to surgery would be beneficial because smokers have a more difficult time recovering. Overall, individuals who smoke cigarettes are 2 to 3 times more likely to develop cataracts, which is the number one cause of blindness in the United States and world wide. For older women, after menopause the bones become weak. Smoking in addition to having weaker or less dense will progress and worsen the process. Therefore, it is easier to break weak and brittle bones, making an increased risk for hip fractures. For older men, intimacy may be affected by smoking (Polito, J. R., 2015). There are approximately 4,000-7,000 chemicals in cigarette smoke. Chemicals included are: nicotine, tar, carbon monoxide, formaldehyde, ammonia, hydrogen cyanide, arsenic, acetone, benzene, butane, Cadmium and DDT. The chemicals previously listed are typically found within nail polish remover, hair dye, rat poison, rubber cement, active ingredients in battery acid, embalming fluid, and materials for paving roads. Forty-three of the chemicals within a cigarette are known cancer-causing compounds, and over 400 other toxins. In addition, depending on the type of cigarette that is smoked, the effects could be even more harmful to one’s body by containing more additives and chemicals than others (Kleinman, L., M.D., D. M., M.P.H., 2016). Promoting Wellness in Elders â€Å"Cigarette smoke damages the cells lining the

Top Source Countries of Tourists †Free Samples to Students

Question: Discuss about the Top Source Countries of Tourists. Answer: Introduction Kuala Lumpur was established in 1880 to replace the state capital, Selangor so that residents and businesses could be safe from calamities such as floods and diseases following the occurrence of such events in a mining center. Kuala Lumpur was curved out from the Selangor State, however, in 1974, Kuala Lumpur got separated completely and given to Malaysia. Kuala Lumpur has a rich culture based on the national heritage(DBKL, 2018). This kind of tourism fascinates travelers who are interested in this kind of tourism. Kuala Lumpur is also famous for its traditional and modern cures using herbs. The country also takes pride in having some of the best doctors and medical facilities in the world encouraging people from other parts of the world to visit Malaysia for medication. Kuala Lumpur has many places designated for shopping purposes with items such as artifacts, Malaysian clothing, and fashion all portraying Malaysia diversity and culture. Malaysia has experienced a boom in the hotel industry over the past few decades, with more and more global companies staking claims, in particular, Kuala Lumpur(Smarter travel, 2016). The Accor hotel dominates the industry and has brands in multiple price ranges with Pullman and Ibis included. The InterContinental represents the IHG group while Sheraton and Marriott also have a presence in Malaysia. A one-star hotel provides a room without air conditioning, and people share a bathroom. Two stars have air conditioning and Wi-Fi, but still, chances of sharing a bathroom are high. Three stars, on the other hand, have a TV, a phone, and other special amenities. The four-star hotel, on the other hand, is spacious enough with more amenities and services. Five-star hotels, on the other hand, are exceptional as they have 24-hour room service, unique facilities such as spa and perks that include limo services. The range here is overwhelming as one can choose from the old colonial hotels to boutique mansions in places such as George Town and Melaka(Smarter travel, 2016). There are also shophouses which are ancient buildings that have storefronts on the ground floor and family quarters upstairs. People that are more independent or like spending a lot of time in one place are favored by a vacation rental. TripAdvisor and VRBO have listings that range from the basic rooms to condos and beach villas(Smarter travel, 2016). iBilik a Malaysian listing agent has a database of apartments and rentals on short-term. The terms guesthouse and homestay are used interchangeably in Malaysia, so it is important that a tourist be specific in what is needed(Smarter travel, 2016). The Malaysian culture entails living in longhouses that can accommodate the entire village. Such structures are found in rural areas of Borneo specifically near rivers. Malaysia has accommodations that are affordable to the common man and such facilities range from dorms to hostels that are accredited by the Hosteling International a Malaysian agent(Smarter travel, 2016). Some hostels are located in some of the Malaysian national parks. The tourism sector in Malaysia has been ranked as the 6th largest contributor to the nations GDP and contributes a sum of RM 150 billion which is approximately about14.9% of the Gross Domestic Product as per 2014(The Star, 2017).As per the data that was released by Tourism Malaysia, the government had targeted close to 31.8 million tourists who were expected to generate revenue amounting to RM 118 billion(The Star, 2017). Tourism is considered as one of the key economic areas that will help the government achieve the vision of transitioning, Malaysia to become a high-income country by 2020.By 2020, Malaysia has projected to attract more than 36 million tourists and the expected revenues from tourism have been projected at RM168 billion(The Star, 2017). The MasterCard Global Cities Index published some of the most visited cities in the world, and Kuala Lumpur was ranked as the eighth in the list(Malaysia, 2017). This was great news for Malaysia as the country has worked to promote tourism numbers over the years. Kuala Lumpur received approximately 12.1 million international tourists in 2017. There were signs of recovery of the tourism industry in Malaysia in 2016 as the projected figures indicated that more tourist arrivals in Malaysia following a slowdown in 2014 and 2015.In 2016, the number of arrivals recorded was 25.7 million compared to 2015 indicating a 4% increase in growth of arrivals. Malaysia has been badly affected by publicity by the disappearance of Malaysian Airline Flight 370, and it was reported that there were 239 people on board. Singapore and Indonesia were the top two sources of tourists visiting Malaysia in 2016 recording 13 million and 3million respectively(Misachi, 2017). The ASEAN region has been attributed as the most significant contributor of the Malaysian tourism recording 76% of the total arrivals. Thailand recorded the highest growth from 1.3 million to 1.7 million arrivals in 2016 and represented an uptrend of 32.5% increase(Misachi, 2017). Other nations such as Brunei followed with 22.7 growth, Indonesia and Singapore recording 9.4% and 2.6% growth respectively(Misachi, 2017). On the other hand, the number of tourists that came from countries such as France, Vietnam, and India decreased. The boom experience in the tourism sector in Malaysia can be linked to the cheap air flights and availability of many flights as a result of the expansion of low-cost carriers in Malaysia. Malaysia is preferred as a tourist destination since the country has hundreds of tourist attractions and destinations all distributed across the country. The important attractions involve historical structural buildings such as Stadhuys and the Malacca Christ Church(Tourist Destination, 2017). Other famous destinations include museums, beaches, numerous national parks, towers, and resorts. Malaysia is also famous for being a shopping destination with many services to offer to the different kind of shoppers. Medical tourism is also popular in Malaysia as per the Malaysian healthcare travel agency; it was reported that there were more than 640,000 foreign patients in Malaysia. Kuala Lumpur is a historical and cultural city thriving as the capital city of Malaysia. Kuala Lumpur is listed as the top tourist destinations in Malaysia(The Tourist, 2018). Kuala Lumpur has several attractions that it should showcase for instance, the city has some of the highest buildings in the world such as the Petronas Twin Towers. Kuala Lumpur also has scenic and unique natural sites such as The Lake Gardens that is worth viewing. Conclusion Kuala Lumpur offers many tourist attractions and destinations worth visiting. The accommodation facilities are numerous and depend on an individuals pocket. The political stability of the country has boosted the tourism industry. References DBKL, 2018. Tourism. [Online] Available at: https://www.dbkl.gov.my/pskl2020/english/tourism/index.htm [Accessed 30 March 2018]. Malaysia, 2017. Kuala Lumpur No.8 Most Visited City In The World 2017. [Online] Available at: https://blog.malaysia-asia.my/2017/09/kuala-lumpur-no8-most-visited-city-in.html [Accessed 30 March 2018]. Misachi, J., 2017. Top Source Countries Of Tourists to Malaysia. [Online] Available at: https://www.worldatlas.com/articles/top-source-countries-of-tourists-to-malaysia.html [Accessed 30 March 2018]. Smarter travel, 2016. Where to Stay in Malaysia: Lodging Tips. [Online] Available at: https://www.smartertravel.com/2017/06/19/stay-malaysia-lodging-tips/ [Accessed 30 March June]. The Star, 2017. Tourism sector to remain third largest contributor to economy. [Online] Available at: https://www.thestar.com.my/business/business-news/2017/09/26/tourism-sector-to-remain-third-largest-contributor-to-economy/ [Accessed 30 March 2018]. The Tourist, 2018. 25 Best Things to Do in Kuala Lumpur. [Online] Available at: https://www.thecrazytourist.com/top-25-things-to-do-in-kuala-lumpur/ [Accessed 30 March 2018]. Tourist Destination, 2017. Kuala Lumpur, Malaysia. [Online] Available at: https://www.tourist-destinations.com/2011/12/kuala-lumpur-malaysia.html [Accessed 30 March 2018].

Labour Turnover and Business Sustainability

Question: Describe about the Labour Turnover and Business Sustainability? Answer: Sustainable plan for the business Sustainable plan for the business is quite important, as it helps the management in achieving the set target or objectives. High labour turnover is one of the concerns for the company. The management need to take corrective steps through which the labour turnover can be reduced. In order to retain the staffs, it is essential for retaining the employees. For this, the staffs needs to be motivated and encouraged to be performed at the workplace. There are different factors that causes high labour turnover, which can affect the production plan for the company. Thus, the management need to adopt and implement effective strategy that would help in minimising the turnover. Sustainable plans prepared by the management are usually on the long term basis and for this, it is essential to analyse the available resources in the right manner. Labour force forms an important part in executing the tasks that has been determined by the management. The challenge that exists at the workplace related t o the labour force is handled differently by various companies. In order to handle the issue in the right manner, it is essential to analyse the severity of the issue and draft the best policy through which the challenges can be overpowered (Colakoglu, 2009). Labour turnover and business sustainability High percentage of workforce turnover has a significant impact on the sustainable growth plan of the company. Smaller and controllable percentage of turnover is considered to be part of the business, and usually doesnt have a major impact on the business performance. Increase in the percentage of turnover increases the costs of operations. Management of the company has to incur expenses for recruiting and training new staffs for carrying out the operational activities at the workplace. Higher percentage of turnover of workforce impacts the sustainable plan and increases the challenges that are involved with the operational activities. As a part of the sustainable plan, the company work towards retaining the staffs and improve the production activities. The reason for the increase for the workforce turnover has to be analysed. This would help the management to draft effective policies through which the changes for retaining the staffs. Some of the reasons that causes high turnover is increase in the expectations of the staffs, better pay and work security. Constant turnover affects the performance of the company and delays the execution of the projects, which is important for the business. The time and efforts that needs to be spent for training the staffs is quite expensive. Thus, effective strategies need to be taken for retaining the staffs to carry the operational activities. Plans are implemented to achieve the objectives that have been drafted by the company. Thus, it is necessary to introduce strategies that would encourage the staffs to perform better (Dewettinck, and Buyens, 2006). PROCESS MAP 1 Evaluation of 4 evidences based on the professional business advisors The professional advisor framework has been defined and implemented for the successful performance of the company. In this case, the strategies need to be implemented for achieving the objectives of the company. Professional advisor frameworks can be used for the below mentioned factors Implementing changes in the production activities. Analyse the production process and monitor the stages. Staff performance evaluation Ethical analysis for the management (Dewettinck, and Buyens, 2006) The strategies are analysed, so as to implement the changes that would help in the business development. Labor and strategic management process, would help the company to implement the accurate changes that would help in developing the business. One of the familiar factors for the professional frameworks is associated with the staff performance evaluation. Through this process, the performance of the company is evaluated. The expected changes to retain the staffs can be planned and implemented by the management to increase the production process. The unfamiliar issue is associated with the analysis of the production activities and the evaluating the stages involved with the same. Production process changes and depends upon the challenges that are involved with the production activities. Critical analysis of 4 evidences Sustainable plans for the business is important, as this helps in improving the production activities. The factors associated with the high labour turnover have to be analysed, as this would help the management in drafting the best policy that would motivate the staffs. Laws and rules have been imposed to help the management and the staffs to adopt and implement the best steps through which the changes required for retaining the staffs for the company can be introduced (Sherwood, 2006). Plans for implementing the changes that are associated with improving the production activities Analyse the changes and its impact on the labour market and sustainable plan. Improving the production process Implement plans through which the changes can be introduced. Familiar issue is associated with the strategies adopted for implementing the changes Unfamiliar issues are related to identifying the areas where the changes needs to be implemented for improving the changes. Process Map 2 Summary learning In the case study, the performance of the staffs has been discussed. Performance of the team members have been impacted due to stress and less motivational factors. This has in fact affected the productivity for the company. Despite of taking the corrective steps, the team leader hasnt been able to encourage the staffs. Apart from the performance, the differences between different members of the group have been badly affected. This has impacted the work ability of the staffs or the team members. In order to solve this issue, the team leader needs to analyse the cause of the problem. At the time of analysing the problem, the leader needs to interact with the members and understand the factors that affect their performance. Based on the collected information, corrective steps can be implemented for improving the performance of the company. Better methods for relieving stress level of the staffs have to be sorted out through counselling. Through this method, the leader can interact with the employees or the team members. This would help in analysing the severity of the issue and implement corrective steps to introduce changes. For motivating the staffs, it is essential to improve the work culture. Through this process, the members can be provided with enough resources for improving the performance (Grant, 2008). Literature on sustainable plan The team members of the company can be encouraged to improve upon the performance. Team members can be encouraged to work better by handling the issues that is faced by the team. This would help in increasing the performance (Shalley Ch, Gilson L, and Blum T, 2009). Motivation can be external or an internal factor. In the internal factor the staffs are highly motivated and work towards improving the performance. External factors are associated with the rewards, promotion, and others. Through the model, the management can introduce effective steps that would help the staffs in improving the performance. The work culture needs to be improved as this will help in encouraging the staffs in improving the performance. Factors that could affect the performance of the members needs to be analysed and corrective measures can be introduced by the management. This has to be done after planning the changes that needs to be implemented by the company. The team leader needs to adopt and implement an effective and reliable communication process. Interaction and effective communication is necessary for handling different challenges between the members of the team. Team bonding needs to be increased as this will improve the production process for the company (Kochar, 2008). References Colakoglu S, 2009. Successful pursuit of a boundaryless career: career competencies perspective // Academy of Management Proceedings. P. 1-6. Dewettinck K, and Buyens D, 2006. Linking behavioral control to employee outcomes: testing two explanations using motivation theories // Academy of Management Proceedings. P. 16. Grant A, 2008. Does Intrinsic Motivation Fuel the Prosocial Fire Motivational Synergy in Predicting Persistence, Performance, and Productivity // Journal of Applied Psychology. Vol. 93, Issue 1. P. 4858. Kochar B, 2008. Job Satisfaction Among Academic // ICFAI Journal of Organizational Behavior. Vol. 7. Issue 4. P. 5560 Ros A, 2003. Do ESOPS motivate employees? Worker effort, monitoring and participation in employee-owned stock ownership plans // Advances in the Economic Analysis of Participatory Labor-Managed Firms. Vol. 7. P. 83-103. Shalley Ch, Gilson L, and Blum T, 2009. Interactive effects of growth need strength, work context, and job complexity on selfreported creative performance. // By: Academy of Management Journal. Vol. 52. Issue 3. P. 489505 Sherwood B, 2006. How to win over your employees and motivate them to perform // Metal Finishing. Vol. 104, Issue 3. P. 5253.

John Rawls Philosophy of Liberalism Strengths and Weaknesses

Introduction John Rawls have developed a comprehensive theory that can be useful in addressing contemporary issues. One of the major advantages of his theory is that it contains major principles that can be applicable nowadays.Advertising We will write a custom essay sample on John Rawls’ Philosophy of Liberalism: Strengths and Weaknesses specifically for you for only $16.05 $11/page Learn More Rawls’ philosophy can be used when addressing the contemporary issues associated with unequal distribution of resources. It is also necessary to note that Rawls’ philosophy of liberalism is based on principles of justice, but there are still certain weaknesses in the theory. Strengths of Rawls’ Philosophy As has been mentioned above the philosophy can have specific implications in the contemporary society. The major strength of the philosophy is that it provides people with a specific tool to avoid any bias. The â€Å"veil of ignorance † is an effective way to develop certain principles to govern a society (Shaw Barry, 2012). Thus, people will never create an authoritarian society as the odds to be in the unfavorable position are too high. Thanks to the veil of ignorance, people will try to create the society where the less well-to-do people will have all possible rights. Apart from rights, these groups of people will have numerous opportunities, which will secure realization of potential of the most active and gifted people.Advertising Looking for essay on philosophy? Let's see if we can help you! Get your first paper with 15% OFF Learn More Admittedly, the present philosophy can become a good solution to the existing issues associated with unequal distribution of resources. Now less well-to-do people have few opportunities compared to more well-to-do groups. Notably, this is one of the major issues associated with unequal distribution of resources which leads to gradual degradation as only r estricted number of innovation occurs. Rawls’ philosophy addresses the problem of the lack of opportunities. Another strength of the philosophy is that it does not ignore inequality which is a characteristic feature of the human society. On the contrary, Rawls justifies it and even proves that inequality is one of the factors contributing to development of the human society. Rawls develops a model of society where the least well-to-do groups will have more resources, rights and opportunities than those in an imaginary society where all are equal. Therefore, there is no need in trying to diminish inequality, which is simply impossible. According to Rawls’ philosophy, people can focus on creating a society where inequality is a tool of development. The Major Weakness of Rawls’ Philosophy As has been mentioned above, there is certain weakness in the philosophy. Thus, there are quite few tools to maintain the new order. According to Rawls’s philosophy, equali ty is impossible as people are ‘victims’ of a â€Å"genetic lottery† (Shaw Barry, 2012, p. 126). Some people will inevitably accumulate more resources and there is no guarantee that these people will remain following the principles worked out. More well-to-do-people can deprive less well-to-do people of their rights and, more importantly, opportunities.Advertising We will write a custom essay sample on John Rawls’ Philosophy of Liberalism: Strengths and Weaknesses specifically for you for only $16.05 $11/page Learn More Conclusion It is possible to note that Rawls’ philosophy can be applicable in the contemporary world as it addresses major issues associated with unequal distribution of resources. Justification of inequality can be regarded as one of the major strengths of the philosophy. At the same time, the absence of tools to maintain the created society is one of its major weaknesses. Of course, the philosophy has strengths and weaknesses, but it is important to note that it is a valuable source of knowledge that can be used to address major issues associated with unequal distribution of resources in the contemporary world, which leads to certain degradation of the human society. Reference List Shaw, W.H. Barry, V. (2012). Moral issues in business. Belmont, CA: Wadsworth Publishing. This essay on John Rawls’ Philosophy of Liberalism: Strengths and Weaknesses was written and submitted by user Helen Lamb to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Getting Ready For the TOEFL Essay Sample

Getting Ready For the TOEFL Essay SampleDo you want to know the do's and don't of writing a TOEFL essay? If so, then it is time for you to learn the do's and don't of TOEFL essay samples. The guidelines that I am going to give you will certainly help you in writing your own TOEFL essay.You should always read the question first before writing the paper. If you are not good at reading and comprehending the question, then you should avoid using the question at all costs. Don't force yourself to write a TOEFL essay if you can't. If you need to write a paper but you can't read and understand the question, then you should concentrate on the facts rather than the question itself.However, the guidelines that I have mentioned above are not all there is to write a TOEFL essay. You should also remember that you should never try to read the question first before writing the paper. That is something that you should get used to and practice.There are various TOEFL essay samples available on the in ternet. Some of them will teach you how to do the writing correctly. If you are not able to take the tips from the sample essays and apply them to your own paper, then you should not panic. The best thing that you can do is go back to the sample essay and try to think like the author of the essay and then make your own changes to it.It is possible to find out how to write a paper from the sample essays. The best way to do this is to write down as many questions as you can on your list. In a way, this will train you how to write a paper properly. It will help you determine which kind of questions are easy to answer and which ones need more information.Once you have written down as many questions as you can, you should start your preparation. To do this, you should start by looking at the sample essay that you have already obtained. You can refer to the details and outlines provided in the essays. This will help you know exactly what kind of essay that you should write and when you sh ould write it.You should also learn about the type of TOEFL test that you will be taking. First of all, you should learn the kind of test that you will be taking. You should also know the rules and regulations that you should observe in order to pass the test. This information will help you better prepare for the TOEFL test.Remember that the information provided by the TOEFL essay samples will definitely help you in preparing for the test. You just have to use it as a guideline to help you create a perfect study schedule. In this way, you will be able to study effectively and efficiently.

Different Versions of the Birth of Dionysus

Different Versions of the Birth of Dionysus In Greek mythology, there are often different and conflicting versions of mythological events. The story of the birth of Dionysus is no different, and Dionysus complicates matters by having different names. Here are two versions of the birth of Dionysus and one of the related birth of Zagreus: From a union between Persephone and Zeus in serpent form sprang the horned god Zagreus. Jealous Hera persuaded the Titans to attack the infant god as he looked into a mirror. Not only did they tear him to pieces, but the Titans ate him all but his heart which Athena rescued. From this organ, the rest of the god was resurrected. Semele is impregnated by drinking a preparation made from the heart of Dionysus who had been torn to pieces by the Titans. [Pseudo-Hyginus, Fabulae 167]Most familiar is the story of Semeles impregnation by Zeus but failure to live long enough to give birth to the child. To save the fetus, Zeus sewed him inside himself and gave birth through his leg when the time came.(ll. 940-942) And Semele, daughter of Cadmus was joined with him in love and bare him a splendid son, joyous Dionysus, a mortal woman an immortal son. And now they both are gods. Hesiod, Theogony (trans. Evelyn-White) Homeric Hymn1 to Dionysus ((LACUNA))(ll. 1-9) For some say, at Dracanum; and some, on windy Icarus; and some, in Naxos, O Heaven-born, Insewn; and others by the deep-eddying river Alpheus that pregnant Semele bare you to Zeus the thunder-lover. And others yet, lord, say you were born in Thebes; but all these lie. The Father of men and gods gave you birth remote from men and secretly from white-armed Hera. There is a certain Nysa, a mountain most high and richly grown with woods, far off in Phoenice, near the streams of Aegyptus.((LACUNA))(ll. 10-12) ...and men will lay up for her many offerings in her shrines. And as these things are three, so shall mortals ever sacrifice perfect hecatombs to you at your feasts each three years.(ll. 13-16) The Son of Cronos spoke and nodded with his dark brows. And the divine locks of the king flowed forward from his immortal head, and he made great Olympus reel. So spake wise Zeus and ordained it with a nod.(ll. 17-21) Be favourable, O Insewn, Inspirer of frenzied women! we singers sing of you as we begin and as we end a strain, and none forgetting you may call holy song to mind. And so, farewell, Dionysus, Insewn, with your mother Semele whom men call Thyone.Source: The Homeric Hymns I. To Dionysus [3.4.3] But Zeus loved Semele and bedded with her unknown to Hera. Now Zeus had agreed to do for her whatever she asked, and deceived by Hera she asked that he would come to her as he came when he was wooing Hera. Unable to refuse, Zeus came to her bridal chamber in a chariot, with lightning and thunderings, and launched a thunderbolt. But Semele expired of fright, and Zeus, snatching the sixth-month abortive child from the fire, sewed it in his thigh. On the death of Semele, the other daughters of Cadmus spread a report that Semele had bedded with a mortal man, and had falsely accused Zeus and that therefore she had been blasted by thunder. But at the proper time, Zeus undid the stitches and gave birth to Dionysus, and entrusted him to Hermes. And he conveyed him to Ino and Athamas, and persuaded them to rear him as a girl.- Apollodorus 3.4.3

Lead Student Assignment Essay Example | Topics and Well Written Essays - 1000 words

Lead Student Assignment - Essay Example The team then identifies the feasibility of the project. Next, project is defined and enters its planning phase. The team prioritizes its tasks, calculates a budget, drafts a schedule and determines the required resources. After that, project is launched or executed, which involves distribution of resources and allocation of responsibilities for the team members. When the project is up and running the manager performs project performance and control by comparing the status and progress of the project with the actual plan. Schedules and the budget may need re-adjustment during this phase. Finally, after the project accomplishes its objectives and the client becomes satisfied, the project is closed with an evaluation being the last step. A project charter in project management can also be referred to as a project statement or project definition. It constitutes of the project’s scope, the participants and its objectives (Carreira & Bill 45). The project charter gives a preliminary delineation of the responsibilities and roles, identifies the key stakeholders, outlines objectives of the project and defines the PM’s authority. Its main role is to serve as an authority reference for the project’s future. Taking the example of an organization that wants to create a framework for employee recognition, a project charter would first include the identification of the project, i.e. the name of the project, its description, sponsor, project manager and the resources of the project team. The second part involves the business reasons for the project, such as improve the organization’s ability to recruit candidates of high quality, complementation of HR values, complementation and building upon activities already in existence. The third part involves the purpose, in this case implement and develop activities aimed at corporate

Psalms Essay Example | Topics and Well Written Essays - 1500 words

Psalms - Essay Example This psalm describes the wedding banquet with Christ and His church, and Christ’s eternal kingdom. The psalm describes the setting around the time of the Feast of Tabernacles. During the feast the reading of the Law was given to the people. The psalm describes how we should be God fearing people and respect God’s Word. The psalm in verse 22 speaks of how God will tear you to pieces. Then, the psalms say he prepares the way. This psalm shows us the need for a savior that is Jesus Christ. God has shown His compassion by sending His son once and for all as a sacrifice for sin. The psalm describes the scene as a heavenly courtroom, with the Mighty One -- God -- as the judge. The Lord hands down an indictment against hypocrisy. The psalm indicts people who practice formalism in worship. However, Christ advises us to â€Å"worship in spirit and truth† (John 4:24). This psalm is Messianic in nature; the commentary describes the psalm as an imprecatory psalm. This psalm has become a popular psalm over the years. Verses 1 thru 18 of the psalm speak of the need for a Savior. This savior is The Messiah, Jesus Christ. David continues to discuss the Lord’s compassion and loving-kindness. Then, verses 19 thru 29 describe David’s vindication from his enemies. The psalm ends with praise and looks forward to the Messiah and the coming of his eternal kingdom. The prevailing Messianic tone was prayer for deliverance from suffering for the Lord’s sake. Therefore, Christ was seen as the one who was persecuted for doing God’s will. Psalm 72 refers to certain elements that will make up the millennial kingdom, where Christ will reign. The psalm goes on to explain how Christ will reign with righteousness throughout the whole world. This particular Messianic prophecy is seen in verse 1-3. Christ reigning with compassion is seen in verses 12-14. Furthermore, we see that the nation will prosper; this prophecy will be

Tylenol Recall Essay Example for Free

Tylenol Recall Essay The worldwide recall of the Tylenol product in light of discovering some samples having poison in them is most certainly correct under the Utilitarian principle, which focuses on what will be the greater good for the greater number.   Obviously, when human lives are at stake the greater good is almost always guaranteed to be whatever will prevent the loss of life. Granted, stockholders, stakeholders, patients, etc. were negatively effected for a short duration, and there were presumably several more stockholders and so on effected by the recall than there were potential deaths, but a company such as Johnson and Johnson has been able to maintain its positive image and consumer loyalty due to behaviors which are viewed as being morally responsible, so the short-term effects were likely minimal and exactly that: short-term.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   An opposing argument might be that the risks of any human life actually being lost was minimal, and that a random product sampling would have been enough to determine if indeed any other product had been contaminated, and therefore the product should NOT have been recalled, simply because the potential risk of loss of human life and the lawsuits sure to follow was less than the risk of dollars lost by the company, by the shareholders, by employees, suppliers, distributors, etc.   Some might argue this loss is far greater than any of the potential risks associated with the poisoned pills. However, once again to cite the Utilitarian principle, whatever is morally â€Å"right† is that which creates the most happiness, or overall â€Å"good,† for the larger number of people.   Again, human death is something that is generally received as far more severe than the temporary loss of money (which can be recovered).   15 human deaths in comparison to a loss of 15 million, even billion, dollars is far more significant in the minds of most people in our society. Especially for a consumer product (and not for any greater purpose, such as the freedom of our country which leads to casualties of war), there is no level of acceptable loss of human life in the interest of saving a large corporation some money.   The perseverance of human life produces greater happiness with the public, which also reinstalls faith in a morally responsible company such as Johnson and Johnson, which allows them to fairly easily recover any net losses, which puts all the stockholders and others effected by it right back on a level playing field.   And no lives were lost.   By Utilitarian principles, everyone in this situation wins.

Use of Foreshadowing in John Steinbecks Of Mice and Men :: Steinbeck Of Mice and Men Essays

Use of Foreshadowing in Of Mice and Men In the novel, Of Mice and Men by John Steinbeck, foreshadowing is used a great deal throughout the whole story. From the beginning to the end, it appears everywhere hinting on what will happen in order to make the book more enjoyable. It was used to show that Lennie will be getting into trouble with Curley's wife, the death of Lennie, and exactly how he dies. The moment that Curley's wife was introduced, an ill feeling overcomes the atmosphere indicating that Lennie will be getting into a mess with her. George states in the very beginning that he is always getting into mishaps, "You do bad things and I got to get you out," (p.11). The situation in Weed involved a girl and Curley's wife just happened to be the only girl on the ranch. Connecting ends with ends, there is a sense of insecurity between these two people. Later on, there was an intimation that she was going to be killed by Lennie because he killed the mouse and the puppy, leading to bigger deaths such as Curley's wife. Foreshadowing plays a large role in indicating that Lennie isn't going to last long in this harsh world. The beginning introduces this world in such a great way, raising your emotions with a happy tone in a wonderful peaceful scene and then sends that scene plummeting over a cliff into a dark unhappy environment. The strong characters in this environment attack the weak and the weak attack the weaker. An example of the strong against the weak is when Carlson compels Candy, "I'll put the old devil out of his misery right now," (p.47) to let him shoot his dog. An example of the weak attacking the weaker is when Crooks teases Lennie, "jus' s'pose he don't come back," (p.72) Lennie is the weakest because of his mental disability and his lack of thinking for himself. He would either run away or be eliminated through death. Candy and his dog mirror the image of George and Lennie. Candy being George and his dog being Lennie. When the dog dies, it foreshadows his death because th e dog represented him.