Friday, December 27, 2019

The Other Side Essay - 1065 Words

The Other Side I have seen the grandeur of the casino and the awe surrounding it, it seems to draw common sense out of people like iron is attracted towards a magnet. The lure of money, that too hard cash, tempts even the most righteous ones into becoming insane gamblers. Coupled with some booze, it’s irresistible. I mean, Movies have glamorized it to no end. Thankfully I am able to resist my feelings since I am on the other side! Sometimes I feel hopeless and incapable of preventing people from getting sucked up into this black hole. No matter how hard I want to, but the conflict catches up. My job is to maintain law order; peace tranquility. Most of my time is spent in observing people and so get to know the â€Å"before and after† side effects. In all these years, I have mastered the art of spotting trouble when it is brewing. Before it can turn into a free-for-all, I have succeeded in defusing the situation however potentially volatile. Here I have seen people gambling away their fortunes and playing like there’s no tomorrow. Isn’t it common knowledge that very rarely people win? Out of thousands who lost their wealth, probably only one wins. But I think it’s the lure of becoming that ONE winner that draws people to gambling. Or is it the uncertainty or faith of individuals in chance? Whatever it is, there is certainly no escape from the satanic clutches. During my tenor here, I have realized that there isn’t any point being philosophical. Let them enjoy the way theyShow MoreRelatedExploring John Steinbecks Short Story, The Chrysanthemums: Is the Grass Really Greener on the Other Side?939 Words   |  4 PagesJohn Steinbeck used his short story, The Chrysanthemums, as a visual illustration to answer the adage, â€Å"Is the grass â€Å"really† greener on the other side?â€Å" During The Great Depression, the American dream had become a nightmare. What was once the land of opportunity was now the land of desperation. What was once the land of hope and optimism had become the land of despair. The American people were questioning all the maxims on which they had based their lives - democracy, capitalism, individualismRead MoreShort Story1198 Words   |  5 Pagestae kwon do. Huh. I always wondered when it would come in handy. Thanks mom!The shorter one approaches Kat, the other one approaches me. It was a lot of fists , and I think some blood. Then a ladder form something up above drops down. Kat takes this in, then runs back and propels herself forward, doing a front aerial over the man. She reaches out her hand once steady on the other side. I grab it, and she swings me around the person I am fighting. I glance at Salim. He looks scared, but not hurt.Read Morepersonal experience in negotiation2211 Words   |  9 Pagesadd one floor on the top-storey of their 3-floor office building. Before construction, our Company needed to obtain an inn owner’s permission, as the addition floor will block light shining into some rooms of his inn-- AB Inn, which locates in the other building next to our office building. Therefore, our company had to negotiate with AB Inn regarding the permission and compensation issue. I was not been assigned any works in the process because of my poor experience, but I took part in the negotiationRead MorePersuasive Essay On Relationships808 Words   |  4 Pagesmoment we come to this world. T housands of people around us that we’re get to interact with throughout our lives. Whether it’s our families, friends, co-workers, or even acquaintances, we always strive to create a perfect and unique relationship with others without really knowing what it actually needs to do that. According to the Dunbar’s theory, even though we might meet hundreds of people on a daily basis, we can only maintain a stable relationship with only 150 individuals, and only 5 of which willRead MoreThe Social Liberties Development, Logical Request, And A Worldwide Temperature Alteration1061 Words   |  5 Pageslegislative issues, a custom of governmental issues that extended from the times of the nation s establishing to the eminence of the social liberties development, a convention in view of the straightforward thought that we have a stake in each other, and that what ties us together is more prominent than what divides us, and that if enough individuals have confidence in reality of that recommendation and follow up on it, then we won t not take care of each issue, but rather we can get somethingRead MoreLiving On Campus Is Developing A Sense Of Belonging And Forming Relationships Within The Community1358 Words   |  6 Pagesattainable, is for my residents to know the names of everybody on our floor. While one might think that living with a group of people for two semesters would automatically result in everybody knowing each other, I found that there were people on my floor last year who did not know the majority of other residents by the time May rolled around. With differences in schedules and personalities, having all of my residents learn each other’s names is something that will require effort and innovative activitiesRead MoreThe Danger of a Single Story804 Words   |  4 Pagesbooks were stereotypical white children. Adichie said that this one and only perspective she had of books reflected on her personal writing as a kid because all of the characters in her stories were stereotypical white children. She goes on to give other examples of single stories or single perspectives and how they can influence people’s thoughts of a culture of a country.’ I can agree with Adichie when she says a single story is a quick way to misinterpret someone, or someone’s culture or countryRead MoreA Short Story1005 Words   |  5 Pages so it’s decided that we’re allies?† Reeve inquired as she finished up the trap and set it to the side. It would do. Grinning, he nodded. â€Å"Of course,† he dismissed. Before she was able to continue, both of their attention was drawn to every other tribute gravitating toward the archery station and watching in awe. Finnick and Reeve exchanged a look before joining them. Katniss was on the other side of the glass, shooting arrows rapidly at the fake attackers that broke into blocks when she hit themRead MoreDescriptive Essay About My Father1424 Words   |  6 Pageseffect on the already lively city buzzing with locals. I myself fit didn t fit into the city though. I am a tall older man who is beginning bald and my fashion sense is a bit plain. I began my walk to work from my smaller apartment on the lower east side with my morning coffee and briefcase in hand while mentally preparing myself for the hectic day ahead of me. I strategically mapped my route to work today so that I could stop by the cemetery to replace the flowers on my father s grave. TheRead MorePlaying with Fire: Life Altering Decisions in Faulkners Barn Burning,778 Words   |  4 Pagesgot to learn to stick to your own blood (229). Sartys reaction is that people only wanted the truth, justice (229). Here, he begins to feel consciously the division the fires cause in his thoughts. On one side, he sees his father who destroys barns with the fires, and on the other side, he sees people whose properties are destroyed by the fires. He feels pulled in both directions at the same time. Sartys struggle with this issue intensifies in front of Major de Spains home where he a feeling

Wednesday, December 18, 2019

A Study Guide On The Bible - 966 Words

Firstly, I would like to speak of my journey to change, rectify, or should I say modify my behavior. The behavior I wished to modify is the behavior of spending time to grow in the spiritual realm. This is a rather personal subject so I will try to be superficial, but maybe not too superficial. I do not wish to lose the essence or profoundness of the journey. I began this journey by trying to read with understanding scriptures from the Holy Bible. I used this collection of books because of my religious background. If I had been of the Muslim faith, I would have probably used the Koran, or of the Judaism faith probably the Torah. However, I must tell you that I did not continue reading the Bible throughout this behavior change. I found that I needed an activity. I then remembered that I had purchased a workbook from the Women of Faith study guide series. This workbook is called â€Å"Finding Freedom from a Broken Past† The workbook has various chapters such as those entitled: A Broken World, Adopted by God, Under his wings, The Buck stops here, Forgive with both Hands and True Reconciliation. Secondly, the behavior change theory I followed was the TTM (Transtheoretical Model). This model has the following stages: Precontemplation, Contemplation, Preparation, Action, Maintenance and Termination. Precontemplation is the first stage. It is the stage before you realize you need to make a change. This stage is before you have come to the self-realization or self-awareness that aShow MoreRelatedA New Way to Read and Study the Bible in Michael Joseph Browns They Don’t Tell You: A Survivor’s Guide to Biblical Studies1370 Words   |  6 PagesMichael Joseph Brown, unveils new ways to read and examine the Bible in his book, titled â€Å"What They Don’t Tell You: A Survivor’s Guide to Biblical Studies†. Although quite technical, the guide, not book, really goes into depth on the process of studying the Bible and its documents. Brown has a new and refreshing way of giving the reader this information that is necessary in a small group, or for a Biblical scholar. This guide is not meant solely for the biblical scholar and talks in detail aboutRead MoreAnalysis Of The Book Old Testament Survey II By Robert H. Stein1436 Words   |  6 PagesMeek May 10, 2017 Critical Book Review of Robert H. Stein’s A Basic Guide to Interpreting the Bible: Playing by the Rules. Biographical Sketch of the Author Stein gives a good discourse of available tools one might use to properly understand God’s Word that will be helpful to the learner’s task. If fact, he states in the Preface, â€Å"The basic goal of interpreting the Bible and other written texts should be to understand what their authors consciously sought to conveyRead MoreWebsite Evaluation : Blue Letter Bible1256 Words   |  6 PagesLetter Bible† and its URL is: (http://www.blueletterbible.org/help/videoHelps.cfm#section2). The main reason which gets my attention towards this particular website is its powerful tools which are helpful for complete and comprehensive study of the Bible. Since, I have not study the Bible in my life before this course. So, I need a website which is comprehensive as well as easy to understand. I found this site very helpful for beginner. So, in the beginning of my journey of Bible studies translationRead Morebook review: biblical studies what they dont tell yoi Essay1210 Words à ‚  |  5 Pages            What They Dont Tell You A Survivors Guide to Biblical Studies by Michael Joseph Brown and published by Westminster John Know Press is a book that provides basic information about biblical criticism. Ultimately, it tries to motivate students to engage with the biblical text and contemporary biblical studies by illustrating how to approach academic biblical studies in a different way than which one would approach normal bible study. The book seems to be aimed at students beginningRead MoreWorldview As A Person s Perception Of Life And Perspective Of The World1615 Words   |  7 Pagesand be influenced by the Bible and God’s truth. Words (146) Part II The first two chapters of Genesis clearly state that God created all things, life included [Genesis 1:1, 11-13, 20-22, 24-31] (Holy Bible, 2011). God is the beginning and end, and He is the creator. Life did not just appear or suddenly come into being from nothing by some unknown source or reason. Romans 1:19-20 reminds man that God is the creator and that none can deny His hand in creation (Holy Bible, 2011). Life was createdRead MoreEssay about Bibliology1053 Words   |  5 Pagesthe study of everything concerning the Bible. God reveals Himself, His ultimate plan for us (salvation), and His will to us through His Word. Psalms tells us that the Word of God is to be lamp unto our feet and a light unto our path. Psalms also tells us to hide His word in our heart. We speak to God through prayer, but He speaks to us through the Scriptures. The importance of this book cannot be stressed enough; we literally have a love letter, written by Almighty God, just for us. The Bible canRead More Islam And Christianity : Christianity And Islam1684 Words   |  7 PagesChristianity and Islam, both, follow by a sacred book of their God’s word although the Bible is also written by many other authors . They both also have a designated place of worship. Christians gather in a church although the bible does not specifically talk about attending church. Muslims, on the other hand, gather at a mosque that the Qur’an says they should attend as often as possible. Christians follow the bible to guide their way towards Jesus Christ. It is made up of sixty-six different booksRead MoreIntroduction The great American scholar, William Foxwell Albright was an American Biblical800 Words   |  4 Pageshis contributions to the archaeological historicity of the Bible. â€Å"More than any other scholar Albright’s astounding corpus of books, articles, and public lectures defined a new relationship between archaeology and Biblical studies.† Professor Albright â€Å"introduced critical assessment of the historical context of scripture, instead of merely teaching it as Gospel, and his work helped establish the Bible’s value in historical studies.† Rachel Hallote wrote of Albright by stating, â€Å"It is hardRead MoreTheological Integrity and Having a Solid Understanding of Scripture797 Words   |  3 Pagesbelieve makes a huge difference on our personal spiritual life. How we view the Bible in terms of hermeneutics, as well as accuracy, shapes everything we do in our ministry and our lives. For example, if we believe that most of the Bible is pretty accurate, and we can accept the teachings of Jesus, but we reject the Genesis story because it does not match with known science, then we create a mindset that the Bible, while it might have some good ideas, is not the foremost authority and containsRead MoreStriving For Strength: How to be a Strong Christian827 Words   |  4 Pagesof conduct that is written in the Bible, and who are not easily influenced by the worldly thinking. There are also weak Christians who care more about what other humans think of them than God. All Christians strive to be a strong Christian, and to do so, they need to hear the gospel (H), thi nk and meditate on what they have heard (T), examine or read the Bible daily (E), analyze or study the Bible (A), remember Bible verses (R), and most crucially, apply the Bible verses in real life, which makes

Tuesday, December 10, 2019

The Scarlet Letter Hester Prynnes Choices free essay sample

The Scarlet Letter Alienation can be linked to self-discovery. The alienated can make a choice: to endure or to protest. Explain the choices made by Hester Prynne and how they are typical or atypical based on the societal values during this time period (1640s). Hester Prynne has made many tough decisions throughout the novel. Most, if not all, of her choices were atypical for women during this time period. One of Hester’s most prominent decisions was to stay in town when she knows that her and her child, Pearl, will be shunned. Townspeople were shocked at her decision to continue living in the village in which the crime was committed. The majority of women back then would have probably hid themselves in shame and ran away to another village. Hester, on the other hand, wanted to stay in the town which she called home. Hester also feels that she is attached to Pearl’s father, Reverend Dimmesdale, who continues to live in Boston. We will write a custom essay sample on The Scarlet Letter: Hester Prynnes Choices or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Another reason she chooses to stay is because she feels that the people of the town want her to leave their village. She wants to show them that they cannot and will not rule the course of her life and stays. Hester does not want to live a life of lies so she figures that she might as well deal with the consequences. Most women in that time period would have lived the rest of their lives in solitude and shame; leading a miserable life. Hester may not have been happy all the time, but she was not miserable. She endured the pain of the scarlet letter and tried not to let it affect her life. Another choice that Hester has made is the choice to keep Chillingworth’s identity a secret. When Chillingworth approaches Hester Prynne in her jail cell, he makes Hester promise that she will not tell anyone of his relation to Hester. She chooses to keep her husbands identity a secret. Hester also chooses to keep Reverend Dimmedale’s sin a secret. She does not tell anyone that Dimmesdale committed the adultery sin along with her. Many women in this society in Hester’s position probably would have made the opposite choices as Hester Prynne. They may have felt that the men deserved punishment also: Chillingworth for leaving her alone and Dimmesdale for committing the sin along with her. Hester Prynne feels that it was her responsibility and did not feel the need for Chillingworth or especially Dimmesdale, to be punished. Many women in Hester’s society and time period would have hidden the scarlet letter and tried to lead a normal life forgetting about the horrible sin that they committed. Hester wore the scarlet red â€Å"A† proudly upon her chest and wanted to teach Pearl and others the consequences of her sin. She does not want to live a life of lies. Dimmesdale, on the other hand, became depressed and suicidal because the town had no idea that he had also committed this terrible sin. The townsfolk looked up to him and followed in his footsteps so the reverend did not want to let them down. Instead of proudly displaying his crime as Hester did, he kept it to himself and physically punished himself brutally with a whip. Hester still loved him even though he was a afraid and didn’t tell the village people the truth. The majority of women in Hester’s position would have thought Dimmesdale a coward and hated him for the rest of their lives. Hester has a kind heart and forgives Dimmesdale for his cowardice and harmful actions. Hester Prynne is not the typical woman from back in the 1640s. She made many choices that were unheard of back then. She committed adultery, kept secrets, stayed in the village, and above all, she endured the pain of the scarlet â€Å"A†.

Tuesday, December 3, 2019

John Keegan, a modern military historian Essay Example

John Keegan, a modern military historian Paper Field Marshal Haig was the most important person during World War One. There are many different views on his competence, character and leadership qualities of both past and present leading up to his victory in 1918. Despite being victorious, there are many flaws and events of which Haig was at fault for during the war. On one hand you have the incompetent, criminal, immoral donkey view of Haig supported by historians such as John Laffin, and on the other you have a competent, man of his time, innovative resourceful supported by historians such as Garry Sheffield and John Keegan. Ultimately I will prove which view is most accurate; using the sources and my own knowledge I will provide sufficient evidence to support John Keegans suggestion that Haig was an efficient and highly skilled soldier. On the subject of Haigs performance in the Battle of the Somme, Keegans views seem to be somewhat limited. Other historians such as John Laffin argue that Haig should be seen as an incompetent and inflexible. His initial bombardment tactics were flawed, in that the Germans were easily managed to attack the British troops. There was insufficient barrage, attacking on too wide and deep a front. We will write a custom essay sample on John Keegan, a modern military historian specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on John Keegan, a modern military historian specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on John Keegan, a modern military historian specifically for you FOR ONLY $16.38 $13.9/page Hire Writer He displayed obstinacy in adhering to fixed plans regardless of the facts, even at the price of destroying his own armies. This is shown in source D. Source D is a view of Haig in the form of a cartoon entitled Your Country needs me, from General Haigs Private War; The cartoon suggests to us that Haig was arrogant, and this is almost certainly true in that he failed to adapt to changed conditions of attack, for example when the initial bombardment at the Somme failed he continued with the same tactics best epitomizing his inexperience and arrogance. However the usefulness of this source is unconvincing- it is only the view of one person, the cartoonist, and not of the general public. There is however some powerful evidence to support the view of Keegan, in particular sources K and H. Source K an article by S. Warburton, published in Hindsight:GCSE Modern History Review in April 1998 says that Haig was the best man for the job at the time. Haig was the product of his time, of his upbringing, education, and training and previous military experience. In perspective, the criticism Haig receives seems harsh and unjustified because the British casualties were the same as the Germans and French. Source H, shows us that Haigs perseverance in continuing the battle of the Somme, despite the heavy losses proved to be the correct option. Source H, from the official biography Haig, by Duff Cooper says, To have refused to fight then and there would have meant the abandonment of Verdun to its fate and the breakdown of co-operation with the French. However the sources accuracy and reliability is dubious because Cooper was asked by Haigs family to write it, so hes bound to put Haig in a good light. Having said that, it can also be argued that perhaps Haig shouldnt have continued with a full blooded attack. Source E is a diary of the events in the battle written by Haig himself. On 1st July 1916 he reports that the battle was going to plan on the first day of battle, the battle is going very well for us and already the Germans are surrending freely. In stark contrast the first day of the Somme was the complete opposite- it was a disaster. In fact the whole of the Somme was a disaster- Haig gained so little territory that, after the battle he had only just about gained the amount of land that he had planned on the first day. Showing us that he was over confident, naive and extremely optimistic. In relation to the source itself, the reports were written by General Haig himself, so he was bound to say all went well, to make himself look good; this source is very unreliable and is of no use to any historian as it is factually incorrect amongst other things. Overall on the issue I would say that although Haigs perseverance in continuing the battle of the Somme, the manner in which he did portrays him as an incompetent, criminal, immoral donkey. Despite the British, French and German Casualties being the same, I think the amount of men who died in the battle could have decreased a lot if Haig had adjusted his tactics and not been so over confident; for that reason I think the phrase Butcher of the Somme is justified to some extent. Therefore Keegans case is somewhat mostly naive and inaccurate, although there is some evidence that proves otherwise; the things Haig did wrong in the battle far outweigh suggestions that he was an efficient and highly skilled leader who did much to lead Britain to victory. On the subject of Haigs communications in relation to politicians, generals and soldiers, Keegans view appears to be correct to some extent. He was under extreme pressure to win the war quickly, by his political masters, by a vociferous med ia, and by the determination of the British Public, there was no path to victory on offer and he was rushed into action on many occasions. One must take into consideration the role John Charteris played in the battle of the Somme. He fed wrong and inaccurate information to Haig. General Haig allowing him to do so time and time again inevitable had all the blame put on him. However, Haig abortive attitude towards General Rawlinson is perhaps ultimately his greatest downfall. Keegan is not supported by the weight of evidence in source Ei, Haig understands and notifies the idea that there will be a lot of deaths during the battle and tells the British population to accept any losses with indulgence. No superiority of arms and ammunition, however great, will enable victories to be won without the sacrifice of mens lives. Haig in due course contradicts himself in this understanding; when original tactics incorporated by Haig were failing, (by taking as much ground as possible moving the artillery so that the guns and shells could defend the ground taken) he refused to accept Rawlinsons plans to adapt to a bite and hold stra tegy- adding insult to injury as they say, this tactic was used later on in the war and it proved a great success. This in return suggests that Haig was ignorant and very dismissive of other Generals plans; his arrogance led him to believe that his tactics were the best. As shown in source F, stem from his belief that he had been chosen by God to serve his country. Presenting to us that he was over confident and optimistic, in spite of the amount of men lost as he constantly sent thousands of men to war and to their deaths, having no real effect. Notwithstanding Haigs obvious mistakes during battles, the view that he was incompetent and an immoral donkey is groundless and dubious. Evidence suggesting otherwise is best revealed in source C. Earl Haig, the son of Field Marshal Haig says that Haig should be credited for his victories, after all victory in the war was the main aim, and that views that he was the butcher of the Somme have only come about in modern times. the victories he achieved in the First World War which brought the war to an end. This is true and supportive of Keegans view because Haig is the most successful war general in the history of Britain. Earl Haigs opinion that Haigs is portrayal as a callous, uncaring man has only come about of recent times is also correct. Using my own knowledge, when Haig died, 100,000 troops shot at his coffin whilst 30,000 followed him to his burial. Therefore Keegans case is largely proper and correct; the evidence suggests that Haig shared a good relationship with his troops and that views that he was the butcher of the Somme are harsh and seemingly unjustified. Although the source must be questioned as it was written by Earl Haig, Generals Haig son, so he is bound to write good things about his father. Overall, the idea that Haig was the butcher is true to some extent. His failure to listen to General Rawlinson and allow John Charteris to make mistake after mistake is his biggest downfall. Had he listened to Rawlinson, the battle of the Somme could have been less disastrous in that fewer men would probably have been lost. However, in spite of this amongst other things sources, in source G, David Lloyd George, Prime Minister of Britain at the time says My only justification is that Haig promised not to press the attack if it became clear that he could not attain his objectives by continuing the offensive. Showing that Lloyd-George did trust Haig, despite both men holding grudges against one another. Ultimately, Haig did share good relationships and shows commitment to the war effort, despite claims he was the butcher of the Somme. In perspective, qualms about his relationship with other generals are improper because he learned form his mistakes, and won many battles throughout 1917 to 1918. His aim was to win the war, and he did. Haig is extensively regarded as being a technophobe during the war years. Although he was loyal and devoted to using traditional cavalry during the war, despite being a failure on many occasions, labeling him a technophobe is unsubstantiated, fallacious and unwarranted. He was an enthusiastic supporter of air power and introduced tanks to the war together with modern artillery- used to great effect. Artillery became much bigger and was more accurate, technologically the British were far more sophisticated than the Germans. It is the way in which Haig incorporated this advances into his tactics that undermine his demise. Source J underlines Haigs involvement in technology. A war veteran recalls a meeting with Haig in 1915, Germans started shelling Haig went round and asked me questions, and then even talked about camouflage from the air. This source is very reliable as the person quoted actually fought in the war and therefore Keegans case is largely supported in terms of technology. Having evaluated Haigs performance on a variety of key issues and over the whole period of his command, my overall conclusion is that Haig was the right man for the job during the war. Many historians argue that he sent troops to their deaths, but in actual fact, there were fewer deaths in the British army than in the French or Germans. He made a number of serious errors, but he managed to learn from his mistakes. However Sir Douglas Haigs job was to win the war, and despite the countless amount of deaths, he did. Therefore, Keegans view is to be frank, correct, although it does have it limitations and drawbacks, the successes Haig masterminded in the war far outweigh the losses.

Wednesday, November 27, 2019

How to Find an Excellent Topic for an English Literature Term Paper

How to Find an Excellent Topic for an English Literature Term Paper How to Find an Excellent Topic for an English Literature Term Paper One of the most rewarding paper types that you will ever write for an English class is a literature term paper. Its main point is to get you to take a hard and analytical look at a piece of literature. When you are developing your term paper, the topic is vital in the overall success of your piece. You will want to utilize the following advice to be ensured that it turns out successfully. Brainstorming One of the easiest ways to make sure that you select a good topic is by brainstorming some of the literary works that you can remember. Something about these pieces stood out to you and that can make writing about them more interesting. Think back to the various books that you have read. You don’t have to recall the exact name and author for this part of the process. Just simply get the general ideas down so that you know which piece you are discussing. The name and title are not important. Enhancing the List After the brainstorming process, you will have a starting list of ideas that you can write your paper on. However, you don’t want to stop there. Use your knowledge from the course to think about pieces that have excessive significance. You can use your notes for this list. Your paper is going to have to talk about themes, plots, motifs, and the like. Therefore, the pieces that have a lot of these characteristics are perfect for your paper. Identify at least three that your instructor has emphasized in the class or that possess these important features and add them to your list. Narrowing down Your Diamond in the Rough Now that you have this extensive list of options, go through each one and jot down some aspects that you can write the paper about. They can deal with any of the literary characteristics. This part is vital. Create a short outline for each and then use the one with the most â€Å"stuff† as your topic. Why is that so? Because if you have already something to say about the potential subject of your English literature term paper, it means that you are interested in the topic and will conduct a great research on it. You now have 3 vital steps you need to take in order to choose a great topic, so get to work and choose a piece that means something to you and one that you enjoy because to write a substantial term paper, you will surely have to read it again. If you are not a reading person by nature, consider short stories that won’t take much time. Anyway, you need to be comfortable with the literary work and its peculiarities if you want to succeed in writing an excellent English term paper.

Saturday, November 23, 2019

Critical Record of a Shipmasters Duties The WritePass Journal

Critical Record of a Shipmasters Duties Introduction Critical Record of a Shipmasters Duties IntroductionSalvageGeneral AverageHM Insurance PI InsuranceBibliography:Related Introduction As per the scenario, I am the master of a 30,000 tonne general cargo ship under the voyage charter sailing from UK, bound for Korea after loading a cargo of steel pipes of high grade. After a visual inspection found that some of the steel pipes appeared rusty, also no shore side surveyors were appointed by the parties concerned. During the voyage my vessel collides with a fully loaded container ship which is under a time carter bound for Antwerp. The container ship suffered minor hull damage forward part and consequently several containers were lost overboard. Also the container ship had to jettison some of the containers in order to maintain stability after water ingress. Due to collision own vessel suffered severe damage to no. 1 port hold which resulted partial flooding. After the collision for emergency dry dock repairs both the vessels were towed to the port of refuge. The container ship organises a daily hire agreement and the own vessel was towed under Lloyds open form due to the fact that vessel taking in water. Own vessel had sailed with a faulty radar equipment and this was found out in a later investigation carried out by hull and machinery surveyors. The records shows that the container ship was seaworthy and a day before the collision the second officer was medically evacuated due to a severe injury and other deck officers were working shorthanded. The master has the responsibility to do whatever is necessary to preserve his vessel and cargo from any loss or damage. In order to consider a vessel seaworthy the vessel must have all statutory certificates valid, cargo should be properly stowed and secured, Radio and navigational equipment in good working order. There should be sufficient fuel and stores on board. Appropriate number of officers and crew as per manning certificate with properly qualified officers and crew. Ensuring that fully corrected and latest edition of navigation charts and publication available onboard at all time. Vessels sailing in a seaworthy condition will only be covered by the insurance.   It is always the duty of the owner of the vessl to ensure the seaworthiness of ship and if ships sail in a seaworthy condition she will be under insurance cover. â€Å"The obligation of the owner to exercise due diligence to ensure that the ship is seaworthy before the commencement of voyage.(ie taking all precaution to ensure that the vessel is fit for the voyage)† As per the hague-visby rule the liability and the responsibility of the carrier will be bound at the beginning of the voyage and also prior beginning of the voyage to exercise due diligence to prepare the vessel seaworthy and properly manned and equipped and supply the ship. To make the cargo spaces and other parts of the ship where goods are carried fit for the reception and carriage of cargo and preservation. â€Å"Article IV of rules states that neither the carrier nor the ship is liable for any loss or damage which arise or result from un-seaworthiness unless caused by want of due diligence on the part of the carrier to make the vessel seaworthy in all respect mentioned above conforming with the conditions given in the article three of the rule† â€Å"If any damage or loss resulted due to the un-seaworthiness of the vessel the responsibility of proving the exercise of due diligence will be on the carrier or other person claiming under this article† As per the scenario the carrier has failed to make the vessel seaworthy and failed in carrier’s responsibility and liability and hence there was a breach contractual terms and therefore the vessel will be responsible for the damage of cargo under the hagevisby rule. In the scenario the master accepts a letter of indemnity and signed a clean bill of lading. The BOL without any endorsement made by the ship master is called a clean BOL which describes the goods and states cargo quantity and their condition. The issuing and accepting a clean BOL states that the cargo has believed to be loaded correct quantity and in good condition. The vessel cargo found rusty and ship sailed in a unseaworthy condition. Also there was no surveyors were appointed and also the master accepted letter of indemnity and signed a BOL without any remarks on it. The letter of indemnity which is offered by the shipper in an inducement towards signing a clean BOL, which officially can absolve from blame or relieve the master from the obligation of liability for signing the BOL and the master should not have accepted letter of indemnity without consultation or clear instruction from the owners and should have made his own bill and presented to the shipper. Now with the clear BO L the shipper can pursue a claim against the ship owner for the cargo damage as the shipper has BOL as an evidence that the cargo stowed and loaded in good condition. The master should have immediately informed the owners about cargo condition and his negligence will result restrictions to the owners in protesting against the claims.   The master should also have requested the owners for appointing an independent surveyor and surveyed the vessel and this would have saved the owners from any legal claims and any delays caused. The master should also have mentioned the surveyors finding in the BOL as the steel cargo was rusted and for evidence he should have taken some photographs/video etc. And it is also very important of collecting/keeping all evidences such as long book entries and witness statements which will help the owners to claim protection the carriage of good act. The vessel sailed from UK with a defective radar equipment and this was very well known to the master and the ship owner. This is the violation as per the rules HRV, the owner is liable to provide his ship in a seaworthy condition prior sailing from the port and this could result the shipper to argue that the ship was unseaworthy at the commencement of the voyage. The decision of the owners and the master to sail without a working radar may have resulted in collision with the container ship. The unseaworthy ship prevents the owner of the general average contribution from the cargo owners. And the expenses incurred during salvage operation will also be settled by the owners as they cannot claim for salvage coverage due to unseaworthy ship. For the general average claims there will be an intentional/sacrificial act and the loss and damage of goods will be claimed from the cargo insurers. The loss or damage of cargo due to collision will be covered under particular average and not in General average. The hull damage caused due to collision between vessel will be under the HM cover and it is not an intentional act and so will come under particular average. The master of the vessel should ensure safety of his ship and take all precautions necessary which will surely mitigate the losses caused to any ship owners. The Maters duty to send a distress signal – if the vessel or person is in imminent danger Master sends distress signal requesting immediate assistance. This distress signal will be revoked as soon as the master is satisfied that assistance is no longer required. On receipt of distress signal, the masters need to proceed with full speed for the assistance of the vessel in distress. On failure to comply with this will attract penalties. Due to the collision between two ships, it will be the duty of the masters of each ship without endangering to his own ship and crew to render assistance to the other ships master and crew to save them from the danger caused by the collision. Also need to stay by the other ship until they need no further assistance. The master gives to the other ship, the name of his own ship and also the names of last port and next port. If master fails without reasonable excuse to comply with will result penalties. 2) Salvage â€Å"The Salvage operation means that any act or activities undertaken in order to assist a vessel or any other property in danger in navigable waters or in any other waters thus entitling a reward to the provide† The master of the ship has authority and power to accept the salvage offered consulting with the owner. There are two basis on which the salver agrees on the terms and conditions to save the ship or property according to circumstances. 1) daily or time contract – fixed hire rate. 2) Lloyd’s Open Form/LOF – no cure no pay basis† and the settlement will be done on the basis of the value of property saved. â€Å"The advantage of having LOF is that, it is a no cure no pay agreement and not likely disputed if any disputes which will be referred to arbitration of English law will apply to claims. There is no need to have a copy onboard and the agreement will be done over radio or other telecom methods and the form does not require signature until the salvage operations have been successfully completed. The salver will get an interim award and any excessive claims by salvers are avoided and the disadvantages of LOF is costly†Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   General Average â€Å"There is a general average act when and only when any extra ordinary sacrifice or expenditure is intentionally and reasonably made or incurred for the common safety for the purpose of preserving from peril the property involved in a common maritime adventure† Number of maritime countries laid down York Antwerp rules in order to get an uniform approach towards the settlement of general average claims. These rules are internationally recognised and are not incorporated into the national law. In the given scenario the damage caused to hull will come under particular average and which will be covered by the Hull Machinery insurance. The container ship had sailed in a seaworthy condition and later the second officer was medically evacuated and hence the vessel became unseaworthy. Now the container ship does not comply with SLOAS requirement and the other deck officers were short handed and the collision may have occurred due to fatigue caused. If the own ship has exercised due diligence then the payment for the loss will be borne by the shippers cargo insurers. The container ship had jettisoned some of the containers for safety reasons or to prevent water ingress and this sacrifice was to protect the property hence eligible for general averag e. For general average act, the shipowner appoints an average adjuster and usually declares general average HM Insurance PI Insurance There are three types of marine insurance ie Hull and Machinery, Cargo Liability – PI â€Å"HM Insurance covers hull and machinery of the insured ship against certain perils which includes peril of the sea, fire and explosion, jettison of cargo, piracy, contact with land conveyance/dock or harbour equip, accident during loading loading/discharging/shifting fuel or cargo, Earthquake, boiler bursting, breakage of drive shaft, defects of machinery barratry of master, officer and crew Etc† â€Å"P I   club are those clubs   which is a joint venture between shipping companies. It offers the ship owners the coverage against the risks which are not covered by hull and machinery insurance Hull insurance is actually the protection against the loss and damage to the vessel arising out of marine peril together with protection against the attendant liabilities of 3/4RDC, salvage and general average† â€Å"Protection and indemnity insurance is insurance protection against third party, death, injury and property claims caused by the ship together with the  ¼ collision liability not covered in the RDC clause in the hull policy† Own ship was towed to port of refuge under LOF and it is the right decision which would have saved time and money. If the salvage operation has delayed further then the condition would have worsened as the vessel is taking in water and eventually the vessel will sink resulting loss of life, property and damage to the marine environment and in situations like this there would not be time for negotiations. In the case of container ship, she suffered only minor hull damage and was not in imminent danger and thereby she will have time for negotiation among them before deciding any agreement and decision of having a daily hire agreement was good, which is cheaper and beneficial too. The owner can choose cheaper salvage operations but cases involving loss of cargo, loss of life and risk of sinking there would not much time for negotiation between various parties offering salvage operations. So the decision has to be taken at the right time. Now both vessels have been towed to port of refuge, essential formalities for an unscheduled arrival clearance should be followed. Which includes an appointment of an agent and advise him of ships ETA and requirement on arrival, request for free pratigue, inform PI club, keep all required documentations ready and the agent will do the other required formalities for inward clearance. Also all the evidence collected should be kept ready and make the vessel ready for PSC and classification society inspection. After the repairs have been completed, need to arrange class and other surveys and after the survey an interim certificate will be issued. Bibliography: 1)   College Notes 2)  Ã‚   Business and law for the shipmasters (F.N.Hopkins) 3)   Shipping Law (Chlorey Giles)

Thursday, November 21, 2019

Communication Theories Essay Example | Topics and Well Written Essays - 250 words - 3

Communication Theories - Essay Example In this case, the sender assumes prime responsibility for the intimacy between the two friends because if he/she did not forward the request, the two would not have been friends. Of all the friends we have on Facebook, we tend to interact with the ones commenting on our statuses more than others. We reply their comments and they reply our replies. Being listed in the friend’s list is different from chatting with a friend on-line. Of course, the latter approach promotes intimacy between friends. Hence, the feedback effect of CMC has the second-largest relational impact. The receiver effect has the third-largest relational impact. On Facebook, we receive notifications, invitations to events, and invitations to games. Most of the invitations are received because the sender â€Å"sends to all† in the friends’ list. The channel effect’s relational impact is the least It does not matter whether a message is received through email, online chat or message. What pr omotes intimacy is the fact that a message or comment is

Wednesday, November 20, 2019

Tasso Assignment Example | Topics and Well Written Essays - 250 words

Tasso - Assignment Example attest to his influence on various artists expression and interpretation of his significant works of which La Gerusalemme liberate was considered his masterpiece. The life and works of Tasso enlighten art enthusiasts in the realization that the concept of love unfulfilled might have contributed to his insanity – as it still happens in contemporary times. In Amita, the object of the shepherd hero’s amorous desires, Sylvia, found pleasure in engaging in a chase for her heart even to the point of death. Tasso, thought to have represented himself in the character of Thyrsis, revealed his inner thoughts through analogies of love with goddesses and beams of emotions like silver and gold: insurmountable, ephemeral, distant. He sees this as a bondage ever seeking freedom and hope of realization even in the face of death. Tasso was credited for various works of arts including Rinaldo, a narrative poem â€Å"meant to combine the regularity of the Virgilian with the attractions of the romantic epic† (NNDB, par. 1); Torrismondo, a meritorious tragedy; Monte Olivet, a poem considered as dull by critics; Gerusalemme Conquistata, a grim revision of his masterpiece; and Le Sette Giornate, â€Å"a prosaic composition in Italian blank verse† ((NNDB, par. 1). Despite his illness and notoriety, he was to be crowned in Rome by Pope Clement VIII as Italys Poet Laureate but died one day before the coronation. (Liukkonen, par. 11) The themes and poetic expression of Tasso clearly reflected the life of the poet with its extreme touches of poverty amidst living in the presence of dukes, duchess, prince and princess of his era. Like his Aminta, his life ended just on the verge of being ascended into the realization of his

Sunday, November 17, 2019

Compare and contrast the arbitration laws of two countries Essay Example for Free

Compare and contrast the arbitration laws of two countries Essay The significant increase in the role of international trade in the economic development of nations over the last few decades has been accompanied by a considerable increase in the number of commercial disputes as well. Today rapid globalization of the economy and the resulting increase in competition has led to an increase in commercial disputes. At the same time, however, the rate of industrial growth, modernization, and improvement of socio-economic circumstances has, in many instances, outpaced the rate of growth of dispute resolution mechanisms Keeping in mind the broader goal of exploring links between the quality of legal performance, this assignment is an attempt to critically evaluate arbitration in India as a legal institution and to judge the growth and development of the same and to see the exact footing of India in the international front a simultaneous comparison of the arbitral laws of USA to that of India has also been made. In this assignment, the evolution of arbitration law and practice in India has been explored. This assignment is divided into three parts Part 1 explores the evolution of Arbitral laws in USA and India, the underlying idea behind this is to see the process through which arbitration came into being and how the old is the law and its due development in the respective countries. Part 2 explores the present arbitral laws in light of The Federal Arbitral Act and The Arbitration and conciliation Act. Part 3 compares the laws and arbitral process in India with that of USA this part shows the similarity and distinction of the laws in both the countries and also highlights the common meeting point of both the laws. HISTORY OF ARBITRATION LAW IN UNITED STATES OF AMERICA Native Americans used arbitration as a means of resolving disputes within and between tribes long before Europeans journeyed to America’s Atlantic shores.However the use of arbitration was introduced in America by the revolutionary war by the colonists who had had business experience in Europe. The use of arbitration in the ports of Europe was already known at that time among maritime and trade businesses. The experience of arbitration as a means of dispute resolution which minimized conï ¬â€šict and allowed continuation of the business relationship was brought to Atlantic by the people coming to live and work in North America. In England, arbitration is a much older concept than the common law system, which the United States courts later adopted. In fact, in England arbitration was used as a common means of commercial dispute resolution from as long as 1224. George Washington, the first President of USA incorporated an arbitration clause in his will that basically stated that, ‘ if any dispute should arise over the wording of the document that a panel of three arbitrators would be implemented to render a final and binding decision to resolve the dispute.’ In the ï ¬ rst decade of the 20th Century, several major trade groups applied arbitration beneï ¬ ts of simplicity, speed and minimal enmity. When New York’s The Association of Food Distributors, Inc. (originally known as the Dried Fruit Association of New York) was formed, its bylaws included an arbitration panel for the resolution of disputes. This was done to reduce the risk that its disagreeing members in case of any dispute and after its settlement would find ,themselves unable to resume their business relationship.1 Until the early 1920s, the only law governing arbitration proceedings in the United States came from court decisions, some dating made in the cases in17th and 18th Centuries. In 1925, The Federal Arbitration Act was enacted. It was a recognition of the several beneï ¬ ts of arbitration and it thereby established a national policy which promoted arbitration.It was initially designed to overcome the judicial hostility that was existing towards arbitration which had evolved from the English courts. With the increasing industrialization and growth and development the reluctance of people to adopt arbitration decreased. With the rise in number of disputes mainly involving â€Å" a transaction of commerce† AMERICAN ARBITRATION ASSOCIATION was established by Moses Grossman in 1926 and an era of Alternate Dispute Resolution was started by Charles Bernheimer2 . The National Labour Realtion Act passed in 1930 marked the a steep rise in the concept and usage of Arbitration in USA. The second woeld war was the turning point for arbitration law in America the economic depression and arising conflict led to more and more dispute settlement by means of arbitration by the War Labour Board. A major milestone regarding Arbitration Law was Achieved in the 1970 when when the Uniform Convention on the  Recognition and Enforcement of Foreign Arbitral Awards (The New York Convention)3 became law in the United States by the addition of Chapter 2 to the Federal Arbitration Act.This convention is still effective and provides for International Arbitration Awards which is considered to be more reliable and consistent than the existing court judgement framework in the country. Bibliography LINKS REFERRED: Alternative dispute resolution Wikipedia, the free encyclopedia Development and Practice of Arbitration in India Has It Evolved as an Effective Legal Institution? – CDDRL www.uniformlaws.org/shared/docs/arbitration/arbpswr.pdf www.kaplegal.com/upload/pdf/arbitration-law-india-critical-analysis.pdf www.williamwpark.com/documents/Arbitral Jurisdiction IALR.pdf Conflict resolution research Wikipedia, the free encyclopedia www.utexas.edu/law/centers/cppdr/portfolio/2010 Symposium/Stipanowich New Litigation Final.pdf www.kaplegal.com/upload/pdf/arbitration-law-india-critical-analysis.pdf unctad.org/en/Docs/edmmisc232add38_en.pdf STATUTES REFRRED: The Abitration and Conciliation Act 1996 The Federal Arbitration Act 1925 United States Arbitration Act The Arbitration and Conciliation Act 1940

Friday, November 15, 2019

Psychological Research Report on Perception Essay -- essays research p

ABSTRACT People are thought to be able to mentally rotate an object so as to be able to imagine it in a different orientation. In this experiment partcipants were presented with two three dimensional objects. Some of the pairs of objects where the same object and some of them where different objects. Partcipants were asked to identify whether the second object was the same as the first one in the pair, even though it was shown as being rotated around a set angle, or if it was a completely different object. The reaction time of the partcipant’s was found to be directly related to the degree of the angle of which the object was rotated. METHODS Participants A total of 11 subject participated in this experiment. These participants were from colleges and universities around the world. There was no personal information collected in this experiment such as sex or age or background. The only information gathered was the reaction time data. Participants in this experiment where informed about the nature of this experiment and asked to consent to participate in it. Materials This experiment was conducted over a computer terminal. Participants where presented with pairs of three dimensional objects. These objects consisted of 16 basic objects each presented in 4 different perspectives each adding up to a total of 64 separate presentations. Half of the object pairs presented where of identical objects but where one of the objects where rotated to a specified degree which were identified as same objects. The other half of the pairs presented where of objects that where mirror images of each other and also rotated around a given angle which where identified as different objects. Design and Procedure This experiment was... ...t are consistent with other experiments involving the mental rotation of objects in that in all of these experiments the time which it takes the participants to make a decision linearly increases with the angle of rotation. These results show that the processes of the mind are consistent with the geometric constraints of the real world. The greater the difference in the orientation of an object in reality is equivalent to the difference in the time it takes for a person to identify that object. This is obviously very helpful in the real world where objects can be imagined to be rotated and used as in the example of a dog which would turn a stick around so as to be able to fit it through a hole. It has been proposed that this ability to imagine objects in different orientations has evolved according to the rules governing physics and geometry in the real world.

Tuesday, November 12, 2019

Fin300 Midterm

Ryerson University CFIN300 Midterm Exam Fall 2007 There are 2. 0 hours in this exam. Version A Student Name____________________________ (Please Print) Student Number_________________________________ Notes: 1. This is a closed book exam. You may only have pens, pencils and a calculator at your desk. 2. A formula sheet is attached to the end of the exam. You may detach the formula sheet from the exam. Please fill out the scanner sheet as you go along in the exam. You will not be given extra time at the end of the exam to fill it out. 3.Select the best possible answer for each multiple-choice question 4. Each of the 30 MC questions is worth 1 mark Marks: Available Total 30_________ There are 14 pages in this exam. |2. |Poor Dog, Inc. borrowed $135,000 from the bank today. They must repay this money over the next six years by making monthly | | |payments of $2,215. 10. What is the interest rate on the loan? Express your answer with annual compounding. | |A) |5. 98% | |B) |6. 63% | |C) |4 . 1% | |D) |5. 65% | |E) |5. 80% | |3. |How much would you pay for a security that pays you $500 every 4 months for the next 10 years if you require a return of 8% per | | |year compounded monthly? | |A) |$11,228. 48 | |B) |$15,000. 00 | |C) |$10,260. 0 | |D) |$13,724. 90 | |E) |$10,200. 23 | |4. |You can earn 5% per year compounded annually for the next 4 years, followed by 8% per year compounded quarterly for 5 years. | | |What is the average annual compounded rate of return over the 9 year period? Express your answer with monthly compounding. | |A) | | |B) |6. 2% | |C) |6. 97% | |D) |6. 43% | |E) |6. 59% | |5. |You have just purchased a house for $540,000 with a $200,000 down payment. You are going to get a mortgage at the TF bank for | | |the balance. TF is charging a rate of 5. 8% per year compounded semi-annually on 5 year term mortgages.You want to make weekly| | |payments amortized over 20 years. What is your weekly payment? | |A) |$877. 60 | |B) |$549. 01 | |C) |$545. 47 | |D) | | |E) |$871. 92 | |6. |Master Meter is planning on constructing a new $20 million facility. The company plans to pay 20% of the cost in cash and | | |finance the balance.How much will each monthly loan payment be if they can borrow the necessary funds for 30 years at 9% per | | |year compounded semi-annually? | |A) |$128,740 | |B) |$158,567 | |C) |$160,925 | |D) |$141,982 | |E) |$126,853 | 7. |Gerry Industries has some 8% (per year compounded semi-annually) coupon bonds on the market that are selling at $989, pay | | |interest semi-annually, and mature in fifteen years. The company would like to issue $1 million in new fifteen-year bonds. What | | |coupon rate should be applied to the new bonds if Gerry Industries wants to sell them at par? Express your answer with | | |semi-annual compounding. | |A) |8. 00% | |B) |8. 3% | |C) |7. 87% | |D) |8. 13% | |E) |8. 26% | |8. |You have decided to save $30 a week for the next three years as an emergency fund. You can earn 3. 5 % per year compounded | | |weekly. How much would you have to deposit in one lump sum today to have the same amount in your savings at the end of three | | |years? |A) |$4,441. 26 | |B) |$4,382. 74 | |C) |$4,288. 87 | |D) |$4,305. 19 | |E) |$4,414. 14 | |9. |A credit card company charges you an interest rate of 1. 25% per month.The annual percentage rate is ____ and the effective | | |annual rate is _______. | |A) |15. 00%; 16. 08% | |B) |16. 08%; 15. 00% | |C) |15. 00%; 15. 00% | |D) |15. 00%; 14. 55% | |E) |14. 55%; 15. 00% | |10. The Friendly Bank wants to earn an effective annual rate of 9% on its auto loans. If interest is compounded monthly, what APR | | |must they charge? | |A) |8. 65% | |B) |9. 17% | |C) |8. 58% | |D) |9. 38% | |E) |8. 44% | Use the following to answer question 11: |Rondolo, Inc. |2006 Income Statement | |Net Sales |$12,800 | |Less: Cost of Goods Sold |10,400 | |Less: Depreciation |680 | |Earnings Before Interest and Taxes |1,720 | |Less: Interest Pa id |280 | |Taxable Income |$1,440 | |Less: Taxes |500 | |Net Income |$940 | | Dividends |$423 | | Additions to retained earnings |$517 | |Rondolo, Inc. |2006 Balance Sheet | |Cash | |$520 | |Accounts payable | |$1,810 | |Accounts rec | |1,080 | |Long-term debt | |3,600 | |Inventory | |3,120 | |Common stock | |5,000 | |Total | |$4,720 | |Retained earnings | |1,790 | |Net fixed assets | |7,480 | | | | | |Total assets | |$12,200 | |Total liabilities & equity | |$12,200 | | | | | | | | | |11. |Rondolo, Inc. is currently operating at maximum capacity. All costs, assets, and current liabilities vary directly with sales. | | |The tax rate and the dividend payout ratio will remain constant.How much additional debt is required if no new equity is raised| | |and sales are projected to increase by 4 percent? | |A) |-$122. 08 | |B) |$598. 75 | |C) |$416. 00 | |D) |-$562. 50 | |E) |$318. 01 | |12. |Your brother-in-law borrowed $2,000 from you four years ago and then disappeared. Yesterday he returned and expressed a desire | | |to pay back the loan, including the interest accrued.Assuming that you had agreed to charge him 10% per year compounded | | |annually, and assuming that he wishes to make five equal annual payments beginning in one year, how much would your | | |brother-in-law have to pay you annually in order to pay off the debt? (Assume that the loan continues to accrue interest at 10% | | |per year. ) | |A) |$738. 63 | |B) |$798. 24 | |C) |$772. 45 | |D) |$697. 43 | |E) |$751. 46 | |13. |What information to you need to find the 3 year forward rate starting 2 years from now? |A) |2 and 5 year zero coupon spot rates | |B) |3-year zero coupon spot rate | |C) |2 and 3 year zero coupon spot rates | |D) |5 year zero coupon spot rate | |E) |3 and 5 year zero coupon spot rates | |14. |You have been making payments for the last 25 years and have finally paid off your mortgage.Your original mortgage was for | | |$345,000 and the interest rate was 5% per year comp ounded semi-annually for the entire 25 year period. How much interest have | | |you paid over the last 5 years of the mortgage? | |A) | | |B) |$120,392. 23 | |C) |$13,931. 87 | |D) |$80,743. 13 | |E) |$106,460. 37 | |15. |Which of the following is (are) sources of cash? | | | | | |I. | |an increase in accounts receivable | | | | | |II. | | |a decrease in common stock | | | | | |III. | | |an increase in long-term debt | | | | | |IV. | |a decrease in accounts payable | | | | |A) |I, II, and IV only | |B) |II and IV only | |C) |I only | |D) |III only | |E) |I and III only | |16. Financial planning allows firms to: | | | | | |I. | | |avoid future losses. | | | | | |II. | | |develop contingency plans. | | | | | |III. | | |ascertain expected financing needs. | | | | | |IV. | | |explore and evaluate various options. | | | |A) |I, II, III, and IV | |B) |I and IV only | |C) |III and IV only | |D) |II and III only | |E) |II, III, and IV only | Use the following to answer q uestion 17: |Current |$100 | |Assets | | |A) |$52. 00 | |B) |$22. 50 | |C) |$0. 00 | |D) |$4. 50 | |E) |$29. 50 | |18. |A new security will pay an initial cash flow of $100 in 1 year. Thereafter it will pay cash flows every month for the rest of | | |time.The cash flows will grow at 3% per year compounded monthly forever. If you require a return of 6% per year compounded | | |monthly, how much would you be willing to pay for this security? | |A) |$18,932. 30 | |B) |$40,000. 00 | |C) |$37,864. 59 | |D) |$33,333. 33 | |E) |$20,000. 00 | |19. |Which one of the following actions is the best example of an agency problem? |A) |Basing management bonuses on the attainment of specific financial goals | |B) |Requiring stockholders approval of all management compensation decisions | |C) |Paying management bonuses based on the current market value of the firm's stock | |D) |Paying management bonuses based on the number of store locations opened during the year | |E) |Accepting a project th at enhances both management salaries and the market value of the firm's stock | |20. |The bonds of Frank's Welding, Inc. pay an 8% annual coupon, have a 7. 98% (per year compounded annually) yield to maturity and | | |have a face value of $1,000. The current rate of inflation is 2. 5% per year compounded annually.What is the real rate of return| | |on these bonds? | |A) |5. 42 percent | |B) |5. 48 percent | |C) |5. 35 percent | |D) |5. 37 percent | |E) |5. 32 percent | |21. |What is the future value of the following cash flows at the end of year 3 if the interest rate is 6% per year compounded | | |annually? The cash flows occur at the end of each year. | | | | |Year 1 | | |Year 2 | | |Year 3 | | | | | |$5,180 | | |$9,600 | | |$2,250 | | | | |A) |$19,341. 02 | |B) |$15,916. 8 | |C) |$19,608. 07 | |D) |$18,246. 25 | |E) |$18,109. 08 | |22. |The I. C. James Co. invested $10,000 six years ago at 5% per year simple interest. The I. M. Smart Co. invested $10,000 six years | | |a go at 5% per year compounded annually. Which one of the following statements is true concerning these two investments? | | | | | |I. | | |The I. C.James Co. has an account value of $13,400. 96 today. | | | | | |II. | | |The I. C. James Co. will have an account value of $13,400. 96 six years from now. | | | | | |III. | | |The I. M Smart Co. will earn $525 interest in the second year. | | | | | |IV. | | |Both the I. C. James Co. and the I. M. Smart Co. will earn $500 interest in the first year. | | | |A) |II, III and IV only | |B) |II and IV only | |C) |I and III only | |D) |III and IV only | |E) |I, III and IV only | |23. |The bonds of Microhard, Inc. carry a 10% annual coupon, have a $1,000 face value, and mature in four years. Bonds of equivalent| | |risk yield 15% (per year compounded annually). Microhard is having cash flow problems and has asked its bondholders to accept | | |the following deal: The firm would like to make the next three coupon payments at half the schedu led amount, and make the final | | |coupon payment be $251.If this plan is implemented, the market price of the bond will (rise/fall) to ___________. (Continue to| | |assume a 15% required return. ) | |A) |$892. 51 | |B) |$865. 45 | |C) |$829. 42 | |D) |$808. 89 | |E) |$851. 25 | |24. Your older sister deposited $5,000 today at 8% per year compounded annually for five years. You would like to have just as much | | |money at the end of the next five years as your sister. However, you can only earn 6% per year compounded annually. How much | | |more money must you deposit today than your sister if you are to have the same amount at the end of five years? | |A) |$367. 32 | |B) |$399. 05 | |C) |$489. 84 | |D) |$201. 0 | |E) |$423. 81 | |25. |Net income differs from operating cash flow due to the handling of: | |A) |Interest expense and depreciation. | |B) |Depreciation and dividends. | |C) |Dividends and non-interest expense. | |D) |Dividends and interest expense. | |E) |Dividends, interest expense, and depreciation. | |26. |Shirley adds $1,000 to her savings on the last day of each month. Shawn adds $1,000 to his savings on the first day of each | | |month.They both earn an 8% per year compounded quarterly rate of return. What is the difference in their savings account | | |balances at the end of 35 years? | |A) |$13,923. 34 | |B) |$15,794. 64 | |C) |$16,776. 34 | |D) |$14,996. 47 | |E) |$12,846. 88 | Use the following to answer questions 27-30: |KLM, Inc. |2006 Income Statement | |Net sales |$3,685 | |Cost of goods sold |$3,180 | |Depreciation |$104 | |Earnings before interest and taxes |$401 | |Interest paid |$25 | |Taxable income |$376 | |Taxes |$128 | |Net income |$248 | |Dividends paid |$60 | |Addition to retained earnings |$188 | | | |KLM Corporation | |Balance Sheets as of December 31, 2005 and 2006 | | | | |2005 |2006 | |2005 |2006 | |Cash |$520 |$601 |Accounts payable |$621 |$704 | |Accounts rec. $235 |$219 |Notes payable |$333 |$272 | |Inv entory |$964 |$799 |Current liabilities |$954 |$976 | |Current assets |$1,719 |$1,619 |Long-term debt |$350 |$60 | |Net fixed assets |$890 |$930 |Common stock |$800 |$820 | | | | |Retained earnings |$505 |$693 | |Total assets |$2,609 |$2,549 |Total liabilities and Owner's equity |$2,609 |$2,549 | |27. |What is the net capital spending for 2006? | |A) |$208 | |B) |$144 | |C) |-$144 | |D) |$64 | |E) |-$64 | |28. |What is the cash flow from assets for 2006? |A) |$1,307 | |B) |$2,259 | |C) |$355 | |D) |$2,503 | |E) |$111 | |29. |What is the operating cash flow for 2006? | |A) |$480 | |B) |$169 | |C) |$425 | |D) |$272 | |E) |$377 | |30. |What is the change in net working capital for 2006? |A) |$122 | |B) |$643 | |C) |$765 | |D) |-$643 | |E) |-$122 | |31. |A number of years ago you bought some land for $100,000. Today it is worth $225,000. If the land has been rising is price by | | |5% per year compounded annually, how long have you owned the land? | |A) |14. 1 years | |B) |16. years | |C) |Can't be determined with the given information | |D) |13. 8 years | |E) |12. 4 years | |FV = PV (1+tr) |[pic] | |FV = PV (1+r)t |[pic] | |[pic] |[pic] | |[pic] |[pic] |[pic] |[pic] | |[pic] |[pic] | |[pic] |[pic] | |[pic] |[pic] | |[pic] |[pic] | |[pic] |Total Dollar Return (TDR) = Dividend Income + Capital Gain (Loss) | | | | | |[pic] | |[pic] |[pic] | |[pic] |Variance of returns [pic] | |[pic] |[pic] | |[pic] |[pic] | |[pic] |[pic] | |Arbitrage Pricing Theory |PV of CCA tax shield [pic] | |[pic] | | |Current Ratio |= |Current Assets | |Total Asset |= |Sales | | | |Current Liabilities | |Turnover | |Total Assets | | | | | | | | | |Quick Ratio |= |Current Assets – Inventory | |ROA |= |Net Income | | |Current Liabilities | | | |Total Assets | | | | | | | | | |Inventory Turnover |= |COGS | |ROE |= |Net Income | | | |Inventory | | | |Total Equity | | | | | | | | | |Cash Ratio |= |Cash | |P/E Ratio |= |Price/common share | | | |Current Liabilities | | | |E PS | | | | | | | | | |Receivables |= |Sales | |Dividend Payout |= |DPS | |Turnover | |Accounts Receivable | |Ratio | |EPS | | | | | | | | | |D/E Ratio |= |Total Debt | |Dividend Payout |= |Cash Dividends | | | |Total Equity | |Ratio | |Net Income | | | | | | | | | |Total Debt Ratio |= |Total Debt | |Market to Book | |Price / Common share | | | |Total Assets | |Ratio |= |Book value of equity | | | | | | | | | | | | | | | | | |Equity multiplier |= |Total Assets | |Profit |= |Net Income | | | |Total Equity |Margin | |Sales | | | | | | | | | |Net Working |= |Net Working Capital | |Interval Measure |= |Current Assets | |Capital-Total Asset | |Total Assets | | | |Average Daily Operating Costs | | | | | | | | | |Long Term Debt |= |Long Term Debt | |Cash Coverage |= |EBIT + Depreciation | |Ratio | |Total Equity + LT Debt | |Ratio | |Interest | | | | | | | | | | | | | | | | |Days’ Sales in |= |365 Days | |Days’ Sales in |= |365 Days | |Receivables | |Receivables Turnover | |Inv entory | |Inventory Turnover | | | | | | | | | |Internal Growth |= |ROA x R | |‘Sustainable |= |ROE x R | |Rate | |1 – ROA x R | |Growth Rate | |1 – ROE x R | | | | | | | | | | | | | |‘Sustainable |= |p(S/A)(1+D/E) x R | | | | | |Growth Rate | |1 – p(S/A)(1+D/E) x R | | | | | | | | | |NWC |= |Sales | |Fixed Asset |= |Sales | |Turnover | |NWC | |Turnover | |Net Fixed Assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |Times Interest |= |EBIT | |CF from Assets = | | | | | |Operating CF – Cap Ex – Additions to NWC | | | | | | | | | | | |Operating CF = EBIT + Deprec – Tax | | | | | |=Sales – Costs – Taxes | | | | | |= (Sales – Costs) x (1 – Tc) + Deprec x Tc | | | | | | | | | | | |Cap Ex = End Gross FA – Beg Gross FA | | | | | |Cap Ex = End Net FA – Beg Net FA + Deprec | | | | | | | | | | |Add to NWC = End NWC – Beg NWC | | | | | | | | | | | |CF to Debtholders = Interest – Net New Debt | | | | | | | | | | | |CF to Shareholders = Divs – Net New Equity | | | | | | | | | | | |CF from Assets = CF to Debtholders + CF to | | | | | |Shareholders | |Earned | |Interest Charges | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Answer Key |2. |E | |3. |E | |4. |E | |5. B | |6. |E | |7. |D | |8. |A | |9. |A | |10. |A | |11. |A | |12. |C | |13. |A | |14. C | |15. |D | |16. |E | |17. |E | |18. |C | |19. |D | |20. |C | |21. |D | |22. D | |23. |C | |24. |C | |25. |A | |26. |D | |27. |B | |28. |C | |29. |E | |30. |E | |31. |B |

Sunday, November 10, 2019

Analysis the Motorbike Market in Vietnam

Vietnam by motorbike take 61% of the total and by 4 times comparing with people who use car as main vehicle. Thus, motorbike market is an important part of Vietnam economy and considerable contribution to economic growth in recent years of Vietnam. Therefore, in this report are going to analyze the Motorbike market in Vietnam in both aspects: microeconomic and macroeconomic and bring out some conclusion about this market. Microeconomics: In this section, it will be analyzed into three elements such as demand, supply and price. Demand of consumer: In recent years, the demand of motorbike always grows up.According to the Vietnam Registry Department, until a half of 2011 Vietnam has about 17 million registration motorbikes and became one of countries has the ratio of people who use motorbike highest on the world. Table 2: Number of motorbike was registered Source: Vietnam Registry Department, 2010 Following above table, it can be seen that number of registered motorbike is increasing dr amatically year by year. In 2006, Vietnam had 1. 5 million of motorbikes but 5 year later this figure increased twice with 3 million motorbikes in 2010.These figures are shown that demand of Vietnamese people in buying motorbike very large ND this Is a complex market for Investors to Invest their capital as well as extend production. The main reason leaded to growing up of motorbike is reduced price of this product. For example, 10 years ago, a Honda dream motorbike was 30 million VEND (equivalent 2,000 USED at the same time), however after 5 year Honda was opened a industry in Vietnam and now price of a Honda motorbike is just from 10 million VEND (equivalent KUDUS at the present time). Price of produce changes, therefore demand of consumers change too.On the other hand, the second factor making demand of consumer raise Is national Income. According to General Statistics Offer, average per capita income in 2010 was approximately 1000 SAID, increasing 2. 5 times compare with income in 2004. Slogan (2010) is mentioned that to normal goods when income increases, the demand about it increases. Motorbike is a normal goods. This is sigh to show that when income of people increases, their demand increase too and they will spend more money for necessary goods, such as Vietnam is one of countries where is the most of using motorbike in the world.Thus, Vietnam is a large market and more potential for motorbike brands. Honda is brand which has most of market share in motorbike market because Honda is leader of this market when they were the first production at Vietnam over 10 years ago and they are always on the top of choice of consumers. According to General Statistics Offer, until 2009 there are two industries of Honda in Vietnam and the total of productivity of those is 1. 5 million produces per year.However, in 2010 Honda has invested 70 million USED to expend these industries, and improvement productivity to 2 million produces each year. Look back on the table 2, the number of registered motorbike in 010 was 3 million produces. Therefore, Honda was taken over a half of share market of motorbike market in Vietnam. Yamaha, Suzuki, SUM, Pigging†¦ Are the rest of brands in the motorbike market. In these brands, Yamaha is the most competitor of Honda with productivity each year is 1 million produces.In first years when motorbike has Just come to Vietnam, motorbike brands have set a high price because at that time demand of consumer was increasing highly and the main reason that time was taste. In recent years, with expanding on industries of old brands and setting up new brands of domestic production makes competition violently in motorbike market. As a result, reduce price is the optimal choice of producers. Domestic brands have exposed new produces with lower price, conformity with people who have low income.Therefore, other brands must to reduce price of their produce to competitive if they do not want to lose share market. Producers emul ate reducing price make demand of consumer increasing significantly. However, at this present, the supply of producers is over than demand of consumer, making surplus through the years, so in the future the price of produce will be continue reduce. On the other hand, producers must be kept productivity stability and in next some years reduce productivity to avoid surplus by yearly.

Friday, November 8, 2019

Free Essays on The Inca Empire

The inca The Inca Empire was a vast kingdom in the Andes Mountains of South America that was created by the Quechua, a Native American people, in the 15th century AD (Inca Empire 1). In present day terms, it stretched from the southern border of Colombia to central Chile, which includes mountain regions in Ecuador, Peru, Bolivia, and Argentina (The Incas 1). The Incas built a complex civilization that ruled more than nine million people (Inca Empire 1). The Inca lands eventually totaled about 906,500 sq km (1). They founded Cuzco (Cusco) as their capital, which was especially known for its architecture of enormous cut-stone blocks that fit so perfectly together (Cusco 1). Some of the best developments of the Incas were their own political organization, society, and religion. The Incan government had a strong hand on the people in the Empire. It was strictly organized, from the emperor and royal family down to the peasants. The emperor was thought to be descended from the sun god, Inti, and he therefore ruled with divine authority (Inca Empire 2). The emperor had one official wife, but he had many other mistresses. The emperor chose his most important administrators among his many sons. Just below the emperor came the aristocracy, which consisted of the emperors’ immediate family, concubines, and all his children. These Incas held the most important government, religious, and military posts. For administrative purposes, the empire was divided into four regions with Cuzco as its center, which were known as the â€Å"four quarters (suyus)† (Inca Empire 2). They called this empire Tahuantinsuyu, meaning â€Å"Land of the Four Quarters†. One quarter, the Antisuyu, stretched to the east of Cuzco and contained many forested land. The second quarter, Cuntisuyu, included all the land west of Cuzco. The third quarter, Collasuyu, was the largest of the quarters; it includes Lake Titicaca and regions of Bolivia, Chile, and Arg... Free Essays on The Inca Empire Free Essays on The Inca Empire The inca The Inca Empire was a vast kingdom in the Andes Mountains of South America that was created by the Quechua, a Native American people, in the 15th century AD (Inca Empire 1). In present day terms, it stretched from the southern border of Colombia to central Chile, which includes mountain regions in Ecuador, Peru, Bolivia, and Argentina (The Incas 1). The Incas built a complex civilization that ruled more than nine million people (Inca Empire 1). The Inca lands eventually totaled about 906,500 sq km (1). They founded Cuzco (Cusco) as their capital, which was especially known for its architecture of enormous cut-stone blocks that fit so perfectly together (Cusco 1). Some of the best developments of the Incas were their own political organization, society, and religion. The Incan government had a strong hand on the people in the Empire. It was strictly organized, from the emperor and royal family down to the peasants. The emperor was thought to be descended from the sun god, Inti, and he therefore ruled with divine authority (Inca Empire 2). The emperor had one official wife, but he had many other mistresses. The emperor chose his most important administrators among his many sons. Just below the emperor came the aristocracy, which consisted of the emperors’ immediate family, concubines, and all his children. These Incas held the most important government, religious, and military posts. For administrative purposes, the empire was divided into four regions with Cuzco as its center, which were known as the â€Å"four quarters (suyus)† (Inca Empire 2). They called this empire Tahuantinsuyu, meaning â€Å"Land of the Four Quarters†. One quarter, the Antisuyu, stretched to the east of Cuzco and contained many forested land. The second quarter, Cuntisuyu, included all the land west of Cuzco. The third quarter, Collasuyu, was the largest of the quarters; it includes Lake Titicaca and regions of Bolivia, Chile, and Arg...

Tuesday, November 5, 2019

Nonplussed

Nonplussed Nonplussed Nonplussed By Maeve Maddox The Latin phrase non plus, â€Å"not more, no further,† entered English as a noun with the following meaning: A state in which no more can be said or done; inability to proceed in speech or action; a state of perplexity or puzzlement; a standstill. As a verb, to nonplus means, â€Å"to bring to a nonplus or standstill; to perplex, confound.† In modern speech, the verb is most commonly seen in the participle form nonplussed. Until about the 1960s, nonplussed was used with only one meaning: Brought to a nonplus or standstill; at a nonplus; perplexed, confounded. Since the 1960s, nonplussed has taken on another meaning for some English speakers: Not disconcerted; unperturbed, unfazed. The OED mentions this second meaning in its entry for nonplussed, labeling it â€Å"chiefly American.† The recognized authority for American usage, however, does not list this second meaning of nonplussed. It doesn’t even have an entry for nonplussed. The verb nonplus is defined this way: â€Å"to cause to be at a loss as to what to say, think, or do; reduce to a state of total incapacity to act or decide.† Merriam-Webster gives three examples: this turn of events nonplusses me nonplussed by the disclosure for a moment the girl was nonplussed The reversal of meaning from perturbed to unperturbed has arisen from the mistaken idea that the non- in nonplussed is a prefix, like the non- in nontoxic. Some speakers seem to think that nonplussed is formed by adding non- to the hypothetical root plussed. US speakers do use nonplussed with the original meaning: May 16, 2015   When invited to come here I was flattered, but  a bit nonplussed.- Charles Gibson, US journalist, 2015. Many consumers nonplussed, confused with latest tech, survey finds- Automotive News, (published in Michigan), 2015. However, most of the recent examples of nonplussed that I have found in US sources use it in the sense of unfazed, unimpressed, or unmoved. For example: Uber Driver Nonplussed After Giving Jeb Bush Ride in San Francisco- NBC News. (According to the article, the driver was unimpressed.) â€Å"I’m in first place by a lot, it seems, according to all the polls,† Trump says, in his New York accent, with his usual facial expression: a sort of perpetually nonplussed duckface, like he is continually being impressed with himself anew.- Atlantic Monthly, 2015. Nonplussed, Colbert has kept up his usual antics.- CBS News, 2015. Unlike self-antonyms like dust and sanction, whose meanings are usually clear from context, nonplussed is a source of ambiguity. The phrases â€Å"dusting the furniture† and â€Å"dusting the crops† require no additional qualification; the different meanings are immediately apparent. A statement like â€Å"the defendant was nonplussed,† however, means one thing to one English speaker and the opposite to another. Take, for example, this statement in the clinical study of a disturbed teenager: He appeared nonplussed when  the issue of the family cat was raised.- Francis D. Kelly, The Assessment of Object Relations Phenomena in Adolescents, Routledge, 2014. The boy was in treatment because, among other disturbing behavior, he had killed the family cat. When I read the sentence, I understood it to mean that the mention of the cat caused the boy to exhibit signs of confusion. On second thought, I realized that the author may have intended nonplussed to mean unmoved. Authors of serious works cannot afford to use nonplussed without providing context clues to indicate which meaning is intended. The following examples provide such clues: In an interview  with the CBS news magazine â€Å"60 Minutes,† Steve Schmidt described Palin as â€Å"very calm - nonplussed† after McCain met with her at his Arizona ranch just before putting her on the Republican ticket.  (nonplussed=unperturbed) Vance  appeared nonplussed  and genuinely surprised that such large political questions had been raised by the memorandum. (nonplussed=agitated) ODonnell appeared to be nonplussed by the wording of the first amendment, repeatedly returning to the subject and sounding incredulous after her Democratic opponent Chris Coons attempted to explain it to her. (nonplussed=confused) Because nonplussed no longer conveys the same meaning to all readers, writers must be thoughtful in its use. Accompanying the word with context clues is one option. Choosing a different word entirely is another. Some options for the meaning originally conveyed by nonplussed: perplexed, confounded, disconcerted, upset, agitated. Some options for the reversed meaning of nonplussed: not disconcerted, unperturbed, unfazed. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:Dialogue Dos and Don'tsFive Spelling Rules for "Silent Final E"How Do You Pronounce "Often"?

Sunday, November 3, 2019

Transformational Leadership Dissertation Example | Topics and Well Written Essays - 1250 words

Transformational Leadership - Dissertation Example   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  __________________ Date  Ã‚  Ã‚   Dean, School of Advanced Studies University of Phoenix Table of Contents Table of Contents 3 Abstract 5 1.0. Introduction 8 Problem Statement 10 Purpose Statement 11 Significance of the Study 12 Nature of the Study 13 1.1.1.Design of the study 13 Justification for the chosen methodology 13 1.5.1 Characteristics of the sample 13 1.5.2. Data collection 14 1.5.3. Data analysis 14 Hypothesis/Research Questions 14 Theoretical Framework 15 1.1.2.Definitions of Terms 17 1.1.3.Assumptions 20 Scope of Study 21 1.1.4.Limitations 21 1.1.5.Delimitations 22 1.2.Summary 22 2.0. Chapter 2: Review of Literature 24 2.1. Historical Overview 24 2.1.1. Empowerment Through leadership 26 2.1.2. Leadership Development 31 2.1.3. Academic Achievement 37 2.2. Summary 47 3.0. CHAPTER 3: METHOD 49 3.1. Research Design 49 3.1.2. Appropriateness of Design 51 3.2. Research Questions 52 3.3. Population 53 3.4. Informed Consent 54 3.5. Sampling Frame 54 3.6. Data collection 54 3.6.1. Confidentiality 56 3.6.2. Geographic Location 56 3.6.3. Instrumentation 56 3.7. Data Analysis 57 3.7.1. Validity 58 3.7.2. Reliability 58 3.8. Summary 58 Reference 60 Abstract This study takes an in-depth look at transformational leadership and how effective this model of leadership is when implemented. The study is conducted in the context of Schools to explore how principals and the management achieve transformational leadership, how it is nurtured and developed and the benefits derived from implementing this model of leadership. The main aim of this study is to identify how transformational leadership has enhanced school teachers and administrators’ effectiveness in managing and improving schools through educational reforms and other improvement practices. The study identified that leadership in a schools is not much different from leadership in private sector companies and is thus very critical to the effectiveness of learning. One of the major problems identified in this study is lack of well developed leadership that could enable leaders to address the challenges that are currently faced at schools. Effective leadership as mentioned in this study is essential for the transformation of the organization and it is fundamental for driving the strategic and cultural plans that are used to enhance improvement in parental involvement, technology and academic achievement. This research has identified that transformational leadership is the most effective leadership model in guiding organizations through significant changes. The study has taken quantitative research approach focusing on public schools in the United States as the

Friday, November 1, 2019

Analyse and evaluate the impact of volunteer tourism on host Essay - 2

Analyse and evaluate the impact of volunteer tourism on host communities - Essay Example In the first place, firms try to optimise everything and one subject of the optimisation process is the human resource. For this reason, the human resource department may be picky in dealing with finding the human resources that are truly competent or will have optimum contribution for the firm’s future success. There is a prevailing notion that the younger are the chosen employees, the better it will be for the company. However, there might also be substantial flaws in this argument because there are also prevailing young age discriminations in the workplace. In particular, young people might be less likely promoted because of their age (Sargeant, 2006, p.84). At the other end, old age discrimination is also prevalent, because older people are perceived to be somewhere in the portion of economic inactivity, leading to the firm’s likelihood of obtaining less possible output from them (Sargeant, 2006, p.91). Added to this, people belonging to senior age group are also un der the area of discrimination, especially on the ground of promotion, training opportunities and redundancy (Sargeant, 2006, p.90). On the other hand, the group that will be less likely to experience possible discrimination at the workplace is composed of the middle-age employees, but these are also the people who have most of their needs for feeding their children and some women in this group suffer a significant discrimination (Sergeant, 2006, p.88). In other words, in all possible ages of workers, discrimination might be remarkable in the workplace, because they are subjects to the firm’s prevailing requirement of optimising what seems to be substantial for the company’s welfare. In other words, not everyone of varying age has the chance to be given the optimum break in a firm. The work at hand tries to depict the actual probable problems linked to inequality through age discrimination in the workplace. According to the study of Roscigno et al. (2007,

Wednesday, October 30, 2019

Relationship Analysis Paper Research Example | Topics and Well Written Essays - 1000 words

Relationship Analysis - Research Paper Example Although these numerable theories are not a â€Å"how to† manual, but a means of getting deeper understanding into the natures of relationships between human beings. Three of these theories, offer interesting approaches as to how to understand romantic couplings and how and why people participate in interpersonal relationships. Firstly, Social Exchange Theory, as well as, two of the conceptual theories that fall under the umbrella of Social Exchange Theory, Equity Theory and Interdependence Theory. History Social Exchange Theory became popularized in the 1960s and 1970s. It works under the principle that all of human relationship behaviors are based on an exchange process. Through this they each can work to maximize rewards and avoids or minimize costs. This mental, and unconscious, a process allow the partners to measure whether their time, energy, money, and efforts balance with what they receive (Cherry, 2013). This theory has been influenced and enhanced by behavioral psyc hology, which explains that human being will repeat the behaviors that have resulted with rewards in the past. As well, as supported by Utilitarian logic, that if one receives more than the other, one will inevitably take advantage of the other (Plunkett, 2013). Simply meaning that one partner in a relationship becomes the primary giver and the other the primary receiver. Once these behaviors become habitual it will likely, not change. Equity Theory is based on the belief that people are innately drawn or desire to be treated well and valued fairly within the relationships they participate. Now, this does not necessarily mean that each partner will contribute in the same ways to the relationship, but as long as the parties involved find the relationship agreeable the a sense of balance, fairness, and equality that people wish. Unfortunately, we all do not necessarily agree on the definition of fairness is. This is when perceived imbalance can occur. When one member is not receiving positive reinforcements they may abandon the relationship. In turn, it is, also, possible for a partner who feels that the other gives much more than they do they may feel distress or guilt about this imbalance, even when that imbalance is in their favor (Deshmukh, 2011). â€Å"†¦Interdependence exists when the accomplishment of each individual’s goals is affected by the actions of others† (qtd. in Johnson & Johnson, 2013). In other words the personal successes and failures of each partner can be intertwined with one another. The theory explains that there are two types of Interdependence, positive, or cooperative, and negative, or competitive. Positive and cooperative interdependence is reflected in relationship where both partners feel that they cannot reach their goals without their partner, also, achieving their goals. Many might consider that the exact example of a committed, dedicated and equal relationship. The successes and failure are intertwined. Negativ e interdependence occurs when the partners in a relationship are competitive. One’s success can only be achieved by sacrificing the best interests of the other (Johnson & Johnson, 2013). Interestingly enough, if one partner is seeking positive interdependen

Monday, October 28, 2019

Ferguson & Son Manufacturing Essay Example for Free

Ferguson Son Manufacturing Essay Ferguson Son Manufacturing company is attempting to increase efficiency and reduce cost by introducing monthly performance reports for each department. Robert Ferguson Jr is trying to introduce this new type of accounting system and when you try something like this you will always run into some problems, but Robert is creating a culture of resentment. Robert Ferguson is using a static planning budget to analyze the performance of each department. Garrison, Noreen Brewer (2012) define a planning budget as a budget â€Å"prepared before the period begins and is valid for only the planned level of activity (p. 385)† Robert is using a budgeted level of activity and comparing it to the actual level of activity as the basis for the evaluations. The information that is received from an evaluation done in this manner is going to be misleading. The budgeted level of activity is not always going to be the same as the actual level of activity, so a true comparison is impossible. For example my company manufactures safety belts for motor vehicles and the budget is based on an activity level of 5000 units for the period. The actual level of activity for the period is 4000 units and in result costs and revenue are lower than the budget amount. If our company compared the costs are going to be different simply because the activity level is different then the unchanged planned amount and the results will not provide conclusive data for performance and efficiency because there is no true controlled factor. Garrison, Noreen Brewer describe this as comparing apples to oranges. This type of system is going to provide incorrect data for performance, in result the company will not be able to understand their costs and true revenue potential. The planning budget system is going create discrepancies in the spending variance. According to Garrison, Noreen Brewer (2012) the spending variance is â€Å"the difference between how much a cost should have been, given the actual level of activity, and the actual amount of the cost (p. 91)† The spending variance can be evaluated as favorable or unfavorable, and this could effect how the product is priced or even purchasing new high tech equipment. You can not effectively utilize a spending variance in a planned budget system because you do not use the same activity level to compare cost. These are big decisions that can make a big impact on a companies revenue and if the system is not using the actual activity level and costs and comparing to the actual levels, the spending variance will be evaluated incorrectly. The planning budget system is going to effect the morale of the supervisors and employees dramatically. Robert Ferguson Jr is evaluating the performance of the supervisors and departments monthly based on amounts and activities that they have budgeted. This budget could be completely unrealistic and this will cause the entire staff to feel hopeless and bitter. Once people begin to feel hopeless, their work performance will fall, production and efficiency will naturally follow. Their work performance will take into consideration the quantity of their work, but more importantly the quality of their work. If your employees feel they have to cut corners to meet budget to keep their jobs, they will do so and the company could begin to alienate their customers. To continue the seat belt example, if my company had to produce 5000 units and this was impossible unless the workers cut a few corners; now the company has faulty seat belts going to car companies. This could cause a large recall on the cars that our clients produce and those clients are going to find a new company to work with for these products. In this example, my company just lost a tremendous amount of money due to an accounting system that demands so much of their workers that the quality of their work has to be sacrificed. This is all due to notion of increasing efficiency without comparing the activity levels and costs in the same manner. Ferguson Son Manufacturing should adapt a flexible budget system to improve efficiency. Garrison, Noreen Brewer (2012) define a flexible budget as â€Å"an estimate of what revenues and costs should have been, given the actual level of activity for the period(p. 385). Garrison, Noreen Brewer (2012) go on to say that â€Å"when a flexible budget is used in performance evaluation, actual costs are compared to what the costs should have been for the actual level of activity during the period rather than to the static planning budget (p. 385). † The activity level will change each period, through out the period as the business activity increases and decreases. Emory says, â€Å"those reports dont tell the whole story. We always seem to be interrupting the big jobs for all those small rush orders. All that set up and machine adjustment time is killing us. This is an example of the type of activity that is going to happen and needs to be taken into consideration when one is evaluating efficiency. The flexible budget will take into consideration this activity and compare the costs to the same level of activity. The current planned budget does not take this into consideration and these are issues that the supervisor has no power over. With the knowledge from the flexible budget, Robert Ferguson Jr may decide that if they purchase a new machine they could complete these rush orders, not have any idle time and in result increase efficiency. In the flexible budget system, Robert will be able to effectively evaluate the spending variance and assess the performance of his workers. The flexible budget is going to make the supervisors and other workers feel they are being measured fairly and can have a positive sense of accountability. During each accounting meeting supervisors like Tom and Jim will be able to walk in confidently, look at the activity of their departments, what their costs should have been based on the activity, what it was actually and see where they can improve. Tom and Jim have been working at Ferguson Son for a very long time and understand what they and their teams can accomplish. They have been praised for the quality of their work by Robert Ferguson Sr and their expertise can be the most efficient tool Robert Ferguson Jr has in the factory. Flexible budget system will create realistic goals for the workers and in turn relieve the negative stress being placed on them. The quality of work will not be sacrificed to cut costs, Tom and Jim will incorporate new work practices to increase efficiency. Activity-based costing could be a great tool for Ferguson Son Manufacturing f used properly. Activity-based costing is defined by Garrison, Noreen Brewer (2012) as â€Å"a costing method that is designed to provide managers with cost information for strategic and other decisions that potentially affect capacity and therefore â€Å"fixed† as well as variable costs. Activity-based costing is ordinarily used as a supplement to, rather than as a replacement for, a companys usual costing system (p. 273). † Activity-based costing takes into consideration all different types of costs as they relate to the activities, so managers can make more effective decisions. Garrison, Noreen Brewer (2012) state the implementation process for activity-based costing breaks down into five steps and these steps are define activities, activity cost pools, and activity measures; assign overhead costs to activity cost pools; calculate activity rates; assign overhead costs to cost objects using the activity rates and activity measures, and finally prepare management reports. The first step is going to require the company to interview supervisors of each department to understand the activities, activity cost pools and activity measures. This will involve the supervisors and give the company a better grasp of the activity, but make the supervisors feel they are a part of the process and team. This will in turn improve their confidence and overall morale. Once they have interviewed the supervisors and understand the activities, they will be able to assign overhead costs to activity pools such as the rent for the factory to production or the salaries of the marketing managers to the marketing department. The next steps will have them assign rates and costs to certain objects. Activity-based costing will allow Ferguson Son Manufacturing to become more efficient by giving them the ability to see what areas need the most improvement. Activity-based costing breaks down the costs for each department and activity in a way that Robert Ferguson Jr can assess the report and use the theory of constraint to locate the department that needs to improve and effectively take the steps to improve that department. As the system is continued to be used the company will see their efficiency rise and in results so will the company profits. Individuals are always working towards a purpose or some type of goal and that is what a budget can provide. I would utilize a budget to create a sense of urgency, competition and direction in the work place. I would utilize a responsibility accounting system. Garrison, Noreen Brewer (2012) define responsibility accounting as â€Å"a system of accountability in which managers are held responsible for those items of revenue and cost—and only those items—over which they can exert significant control. The managers are held responsible for differences between budgeted and actual results (p. 337). † This type system will allow the managers to be held responsible for the items they can directly control, by involving them in the process and not automatically penalizing them for not meeting their goals immediately. Everyone wants to feel there are part of a team and involved in the process of creating their own goals. I would implement a self-imposed budget system to help create a sense of control for all workers and managers of the organization. Garrison, Noreen Brewer (2012) define a self-imposed budget as â€Å"a method of preparing budgets in which managers prepare their own budgets. These budgets are then reviewed by higher-level managers, and any issues are resolved by mutual agreement (p. 338)†. I would create a budget committee that includes the managers to provide everyone in the organization this sense of unity. Once a budget is created and the workers have a sense of control and unity I would create an incentive program to encourage workers to accomplish and exceed their goals. I would implement a bonus incentive plan for my workers. This system would utilize the budget created by the organization and further inspire the workers to excel. People are motivated by many different things and most of them involve factors that are not directly related to the work place. People work to provide financial security for their family, prestige outside of work and pride for the work they do. A bonus program will give each individual the opportunity to accomplish any or all of these personal goals and contribute to the success of the organization. If each person in the organization is striving to surpass their goals, the organization will do the same and the results will be evident to the shareholders. Garrison, Noreen Brewer (2012) define return on investment as the â€Å"net operating income divided by average operating assets. It also equals margin multiplied by turnover (p. 475). † The return on investment is the profit of the organization. Activity-based costing allows larger companies to understand what their costs are, where they are coming from and how to effectively reduce them to create the largest return possible. Activity-based costing systems do have start up costs associated with them. The organization must train personal to understand the process and systems in order to properly accomplish these activities. The organization must interview staff to research their departments properly to get the accurate information vital to the success of activity-based costing. These costs are the reason many smaller organizations can not apply this system. Activity-based costing provides the organization with the ability to dissect their departments activities and costs. This will allow the organization to see what areas need improvement, what costs can be avoided, in result increase profits and free cash flow for possible expansion or upgrades. If Robert Ferguson Jr can see what departments are costing the company excessive amounts of money, he can lower or eliminate those costs. Once Robert reduces the cost of production, the revenue will rise and the return on investment will grow.