Investment Management Essay Example for Free

Speculation Management Essay Both speculative stock investments and common assets are â€Å"pooled† instruments, however there are a larger number of contrasts than similitudes between them. Three sorts of contrasts will present in the accompanying part which are system, hazard and prize. Methodology: The flexible investments chiefs have less cutoff points to manage, they can undercut, use subordinates and use influence, and else, they can likewise change the technique altogether in the event that they think it is fitting. The common store supervisors can't be as adaptable as fence investments administrators. On the off chance that they changes the technique of the reserve, the might be blamed for â€Å"style drift†. Hazard: As multifaceted investments are overseen significantly more forceful than the common reserve, they can take theoretical situations in subordinate protections and can short sell stocks. This will clearly build the influence and the danger of the store. Common assets are something contrary to the speculative stock investments, taking exceptionally utilized positions isn't permitted and supervisors should take strong methodology to make the assets safe. Prize: Hedge supports take a forceful methodology which has high dangers to look for outright returns (it implies they need to create positive return regardless of what the market execution is). Shared finances are overseen comparative with a list benchmark which implies their arrival is consistent in light of the fact that they are decided on their change from that benchmark. 3. Exchange opportunity 3. 1 According to the contextual analysis, during the IPO of Ubid, there is just 20% value offer to open, and staying 80% will disperse to CC’s investors following a half year. The exchange opportunity is show up in such a case that we own CC’s share that we will get Ubid’s share following a half year. In that reason, we should shape a portfolio which consolidates long situation of CC and short situation of Ubid. In Dec 9, there was 10,238,703 CC’s share extraordinary and 9,146,883 Ubid’s share exceptional. Anyway the 80% of Ubid’s offer will appropriated to CC’s investors following half year of IPO. In that reason, we can expect that 80% of Ubid’s share is exposed to CC’s share. (10,238,703? 80%)/9,146,883=0. 715 If we have long situation on 1 portion of CC, we should take 0. 715 short situation of Ubid’s share. 3. 2 Based on the yield in area 3. 1, the exchange opportunity has emerge when we have 1 long situation on CC’s offer and 0. 15 short situation on Ubid’s share. Hence we need short sell the Ubid’s offer and purchase CC’s share. Accept that we purchase 1 portion of CC and short sell 0. 715 portion of Ubid. Following a half year later. Also, following a half year, the 80% Ubid’s offer will circulate to CC’s investors, thusly, following a half year we have 1 portion of CC will get 0. 715 portion o f Ubid. Subject to 1 portion of CC, we have 0. 715 offer short situation of Ubid. In that reason we will have a portfolio that join 1 long situation of CC and 0. 715 short situation of Ubid. The all out result of portfolio is whole of result in both position is: Price of CC following half year cost of CC + 0. 715? cost of Ubid. As we notice previously, our arrival is the absolute result of portfolio. As per the condition of result of portfolio, even the cost of CC is drop to Zero, we additionally will produce positive return which is value distinction among Ubid and CC, and this is our base return Price contrast of Ubid and CC is 0. 715? 35. 6875-22. 75=2. 767 and the underlying edge is half for long and short position, in this way the capital required is half? 2. 75+50%? 35. 6875=29. 22. The base pace of return is 4. Dangers in exchange The exchange implies that financial specialists discover impermanent hazard free benefit from misprice at wasteful market. Hence, arbitrageurs will confront hazard lower than different speculators. Be that as it may, some of dangers can restrict arbitrageur to look for hazard free benefit. Right off the bat, arbitrageurs need to shoulder the major hazard. Despite the fact that arbitrageurs can dispose of unsystematic (firm-explicit) chance by portfolio broadening, they can't relieve deliberate hazard which emerges from advertise contracture. This lead to some of awful news or arrangements can cause negative consequences for fundament esteem and arbitrageurs’ benefits. Subsequently, the basic hazard can restrain arbitrageurs to put resources into wasteful market. Also, clamor broker hazard will restrain exchange. High rates of clamor merchants who settle on unreasonable venture of choice in market will lead cost and hazard level to be diverse with anticipated level for arbitrageurs, and cause misprice to be diminished. In this manner the benefit of exchange will be limit by clamor merchant chance. At long last, arbitrageurs will likewise confront high actualize cost. Actualize cost incorporates commission, offer ask spread, value sway, short sell cost and ID cost. Significant expense will cause arbitrageur misfortune enthusiasm on looking for misprice in wasteful market.

Biography of Abraham Lincoln, 16th U.S. President

Life story of Abraham Lincoln, sixteenth U.S. President Abraham Lincoln (February 12, 1809â€April 15, 1865) was the sixteenth leader of the United States, serving from 1861 to 1865. During his time in office, the country battled the Civil War, which asserted a huge number of lives. One of Lincolns most noteworthy achievements was the annulment of bondage in 1864. Quick Facts: Abraham Lincoln Known For: U.S. president from March 4, 1861â€March 3, 1865; issued Emancipation Proclamation in 1862, liberating slaves in the southern United StatesAlso Known As: Honest AbeBorn: February 12, 1809 in Sinking Spring Farm, KentuckyDied: April 15, 1865 in Washington, D.C.Spouse: Mary Todd Lincoln (m. 1842â€1865)Children: Robert, Edward, Willie, TadNotable Quote: Whenever I hear anybody contending for bondage, I feel a solid drive to see it took a stab at him actually. Early Life Abraham Lincoln was conceived in Hardin County, Kentucky, on February 12, 1809. He moved to Indiana in 1816 and lived there the remainder of his childhood. His mom passed on when he was 9 yet he was extremely near his stepmother, who encouraged him to peruse. Lincoln himself expressed that he had around one year of formal instruction. In any case, he was educated by a wide range of people. He wanted to peruse and gain from any books he could get his hands on. On November 4,â 1842, Lincoln married Mary Todd. She had experienced childhood in relative riches. Numerous history specialists accept that Todd was intellectually unequal; she battled with psychological well-being issues for an amazing duration and may have experienced bipolar issue. The Lincolns had four youngsters, everything except one of whom passed on youthful. Edward kicked the bucket at age 3 of every 1850. Robert Todd grew up to be a politician,â lawyer, and representative. William Wallace kicked the bucket at 12 years old. He was the presidents lone kid to kick the bucket in the White House. Thomas Tad kicked the bucket at 18. Military Career In 1832, Lincoln enrolled to battle operating at a profit Hawk War. He was immediately chosen chief of an organization of volunteers. His organization joined regulars under Colonel Zachary Taylor. Lincoln just served 30 days in this limit and afterward marked on as a private in the Mounted Rangers. He at that point joined the Independent Spy Corps. He saw no genuine activity during his short stretch in the military. Political Career Lincoln filled in as an agent before joining the military. He ran for the Illinois state governing body and lost in 1832. He was designated as postmaster of New Salem, Illinois by Andrew Jackson and later chosen as a Whig to the state lawmaking body, where he served from 1834 to 1842. Lincoln considered law and was admitted to the bar in 1836. From 1847 to 1849 he filled in as a U.S. Delegate in Congress. He was chosen for the state lawmaking body in 1854 however surrendered to run for the U.S. Senate. He gave his celebrated house partitioned discourse in the wake of being designated. Lincoln-Douglas Debates Lincoln discussed his adversary for the Senate seat, Stephen Douglas, multiple times in what got known as the Lincoln-Douglas Debates. While they concurred on numerous issues, the two differ over the profound quality of bondage. Lincoln didn't accept that servitude should spread any further through the United States, while Douglas contended for well known power. Lincoln clarified that while he was not requesting equity, he trusted African-Americans ought to get the rights conceded to all Americans in the Declaration of Independence: life, freedom, and the quest for bliss. Lincoln lost the political decision to Douglas. Presidential Election In 1860, Lincoln was named for the administration by the Republican Party with Hannibal Hamlin as his running mate. He ran on a stage reproving divergence and requiring a conclusion to servitude in the regions. The Democrats were partitioned, with Stephen Douglas speaking to the Democrats and John Breckinridge the National (Southern) Democrats chosen one. John Bell ran for the Constitutional Union Party, which removed votes from Douglas. At long last, Lincoln won 40 percent of the mainstream vote and 180 of the 303 discretionary school votes. Since he was in a four-manner race, this was sufficient to guarantee his triumph. First Presidential Term The headliner of Lincolns administration was the Civil War,â which endured from 1861 to 1865. Eleven states withdrew from the Union, and Lincoln solidly trusted in the significance of crushing the Confederacy as well as rejoining North and South to protect the Union. In September 1862, Lincoln gave the Emancipation Proclamation. This revelation liberated the slaves in the entirety of the Southern states. In 1864, Lincoln promoted Ulysses S. Grantâ to officer of every single Union power. Re-appointment The Republicans, now called the National Union Party, had some worry that Lincoln wouldnt win yet renominated him for a second term with Andrew Johnson as his VP. Their foundation requested unrestricted acquiescence and an official end to servitude. Challenger George McClellan had been assuaged as the leader of the Union militaries by Lincoln. His foundation was that the war was a disappointment, and Lincoln had removed such a large number of common freedoms. Lincoln won re-appointment after the war turned in the Norths favor. In April 1865, Richmond fell and Confederate General Robert E. Leeâ surrendered at Appomattox Courthouse. At long last, the war was the most costlyâ in American history and furthermore the bloodiest, with a huge number of setbacks. Servitude was always finished with the section of the Thirteenth Amendment. Demise On April 14, 1865, Lincoln was killed while going to a play at Fords Theater in Washington, D.C. On-screen character John Wilkes Booth shot him in the rear of the head before hopping onto the stage and disappearing to Maryland. Lincoln passed on April 15 and was covered in Springfield, Illinois. <img information srcset=https://www.thoughtco.com/thmb/WikZd_5C-54O4Myz2_-ain5KhLw=/300x0/filters:no_upscale():max_bytes(150000):strip_icc()/carefully reestablished vintage-common war-print-of-president-abraham-lincoln-on-his-deathbed158653377-5ba2715cc9e77c0057a4593b.jpg 300w, https://www.thoughtco.com/thmb/n_W-3cd6SCzIdFNqHyvBHIax5OI=/1196x0/filters:no_upscale():max_bytes(150000):strip_icc()/carefully reestablished vintage-common war-print-of-president-abraham-lincoln-on-his-deathbed158653377-5ba2715cc9e77c0057a4593b.jpg 1196w, https://www.thoughtco.com/thmb/SvcQe37ZtLiiR1DMPcAiJec2iWo=/2092x0/filters:no_upscale():max_bytes(150000):strip_icc()/carefully reestablished vintage-common war-print-of-president-abraham-lincoln-on-his-deathbed158653377-5ba2715cc9e77c0057a4593b.jpg 2092w, https://www.thoughtco.com/thmb/BIFPRlnNsvl6pjZEKPBNN6_BAOg=/3887x0/filters:no_upscale():max_bytes(150000):strip_icc()/carefully reestablished vintage-common war-print-of-president-abraham-lincoln-on-his-deathbe d158653377-5ba2715cc9e77c0057a4593b.jpg 3887w information src=https://www.thoughtco.com/thmb/3O74-YGJxggBUPW5GREEYrFMZ_s=/3887x2562/filters:no_upscale():max_bytes(150000):strip_icc()/carefully reestablished vintage-common war-print-of-president-abraham-lincoln-on-his-deathbed158653377-5ba2715cc9e77c0057a4593b.jpg src=//:0 alt=President Abraham Lincoln on his deathbed. class=lazyload information click-tracked=true information img-lightbox=true information expand=300 id=mntl-sc-square image_1-0-33 information following container=true /> John Parrot/Stocktrek Images/Getty Images On April 26, Booth was discovered stowing away in an animal dwellingplace, which was determined to fire. He was then shot and murdered. Eight backstabbers were rebuffed for their jobs in the plot to execute the president. Inheritance Lincoln is considered by numerous researchers to be one of the most cultivated and fruitful presidents in United States history. He is credited with holding the Union together and driving the North to triumph in the Civil War. Moreover, his activities prompted the liberation of African-Americans from the obligations of subjugation. Sources Donald, David Herbert. Lincoln. Niagara, 1996.Gienapp, William E. Abraham Lincoln and Civil War America: a Biography. Oxford University Press, 2002.

Writing a Research Paper

Writing a Research PaperIf you are in the process of writing a research paper, then you will need to do more than simply write a study outline for yourself. You will also need to learn how to summarize the information that you found in your research. Writing a research paper can be difficult at times, and it is possible that you have not gotten the right information down for your topic.The method that you use for writing a paper is based on how you come across the material you are researching. If you come across information that is not clearly defined, then you may want to write your own outline. However, if the information is clear, and you can easily go back and read your outline, then you will want to write your own research paper outline.Using an outline will help you organize your paper. This can be done by creating a table of contents. This will help you find exactly what you are looking for. It will also make it easier to find the information that you need. By putting all of t he information you want into one area, it will make it easy to locate them.While writing a research paper outline, you should also make sure that you have given thought to the format that you would like your paper to be. There are many different formats that you can choose from, and it is up to you to choose the one that will best fit your needs. If you are able to brainstorm the ideas that you want included in your paper, then you will be able to create a structure that will allow you to have enough room for your topics to be well researched.While writing a research paper, you should also make sure that you are clear on the methods that you want to use. When you write your research paper outline, you will want to know exactly what method you will be using. This can help you work towards the results that you are seeking. However, if you don't know what format you will be using, then you will not be able to prepare properly.As you are writing a research paper, it is important that yo u make sure that you are clear about what is going to be covered. While doing this, you should consider that some of the information that you will be providing to your reader should be shortened and edited down to one or two sentences. It is essential that you are able to present your ideas in such a way that they can be easily understood.While writing a research paper, it is also important that you ensure that the information that you include is accurate. Many people will not be able to understand the information that you provide unless they are able to see it in its full form. In order to create a good impression, it is important that you make sure that your research papers are all properly researched and correct.If you are having trouble writing a research paper, it is important that you get help. The most common reason that students get stuck is due to the fact that they do not fully understand the format in which they are writing. Having someone who is able to help you with you r research paper will ensure that you get the finished product that you are looking for.

Compare and Contrast Poem and Short Story - 1718 Words

Introduction to Literature A Similar Journey February 2011 There are many people who travel a distance in life to find the path they should take or to remember the path they once took. In the poem â€Å"The Path Not Taken,† by Robert Frost and the short story I Used to Live Here Once by Jean Rhys there are many similarities and differences. The authors’ use of describing a path helps them personify life’s journeys and self-reflection. Robert Frost uses imagery to describe two different journeys in life that could have been taken. â€Å"Two roads diverged in a yellow wood, And sorry I could not travel both And be one traveler, long I stood And looked down one as far as I could To where it bent in the undergrowth.† As Frost writes in this†¦show more content†¦When Rhys says, â€Å"She came to the worn stone steps that led up to the house and her heart began to beat. The screw pine was gone, so was the mock summer house called the ajoupa, but the clove tree was still there and at the top of the steps the rough lawn stretched away, just as she remembered it. She stopped and looked towards the house that had been added to and painted white. It was strange to see a car standing in front of it.† She was not sure why someone would be there. This leads too many thoughts through the girl’s mind, why is everything so different, have I been gone for that long, what has happened here? A question s he had not answers for at that moment. In the last paragraph Frost says â€Å"I shall be telling this with a sigh Somewhere ages and ages hence: Two roads diverged in a wood, and I- I took the one less traveled by, And that has made all the difference.† When he uses repeated images he is describing a re-telling of his life’s journey. He explains ages and ages which shows years that have passes he will talk about the two roads in the woods, which were the two paths that he could have taken. He chose to take the one less traveled by, which could have been a harder path but the one he thought was best for him. His last line is more of a philosophical than an actual description. He says â€Å"I took the one less traveled by, And that has made all the difference.† MeaningShow MoreRelatedComparing The Lesson and The Road Not Taken1190 Words   |  5 Pageson the surroundings of the individuals. One of the main aims of the paper is to compare and contrast two characters from selected short stories. The firs t character is Sylvia from The Lesson written by Toni Cade Bambara and the Narrator from the poem written by Robert Frost The Road Not Taken. The reason to compare Sylvia and The Narrator is to compare the choices made by an individual. The Lesson is a short story about a family of African American children. The children are cousins to each otherRead MoreCompare the Road Not Taken I Used to Live Here Once Essays1240 Words   |  5 PagesCompare/Contrast Two Literary Works Sara M. Suarez ENG 125 Professor Andrea Moak September 3, 2012 The two literary works that I chose to compare and contrast for this paper are I Used to Live Here by Jean Rhys and The Road Not Taken by Robert Frost. Symbolism of the journey is in both of these written works and I feel that it makes them both stronger and more appealing to the reader. When pieces of literature are able to touch a reader and make them feel alive I think that the authorRead MoreEssay on Tim Winton and Zohra Saed values 1167 Words   |  5 Pagesï » ¿Similar issues, explored in different texts, reflect the values inherent in each composer’s context. Compare and contrast how Winton and Saed explore similar values. Make detailed reference to your texts. An authors values and ideas originate and stem from their personal, historical and cultural context. By comparing the two authors Tim Winton (from an Australian context) and Zohra Saed (Afghani/New York context) we are able to see how similar values are shaped through identity/contex. Winton usesRead MoreTheme for English by Langston Hughes and In the Inner City by Lucille Clifton802 Words   |  3 Pagesboth simple poems written by African American during a time where being black was not so popular and a trying time for those whom were black Americans. They both wrote about the plight of blacks during their perspective times; Hughes’ piece was one that spoken in a straightforward and blunt manner, while Clifton was a harsh and muggy one. Both of these poems were written in everyday language, I would imagine, ensuring that their point was one that was easy to understand. Hughes’ poem was not writtenRead MoreThe Chimney Sweepers By William Blake862 Words   |  4 Page s William Blake has written two poems with the same title of Chimney Sweeper, however each poem was written to portray a different perspective of similar situations. The poem Chimney Sweep (Songs of Experience) is written in a bleaker scope compared to Chimney Sweep (Songs of Innocence) which happens to be much more optimistic.Willaim Blake had written these stories as foils of one another and which has helped readers compare and contrast the messages that the poems are trying to illustrate. In theRead MoreComparison Essay: ‘the Daffodils’ ‘to Daffodils’1042 Words   |  5 PagesThe purpose of this essay is to compare and contrast two poems with similar names, but very different content, tone, stylistic features and didactic message. The first poem is William Wordsworth’s â€Å"The Daffodils† written in 1804. The second poem is â€Å"To Daffodils† written by Robert Herrick in 1675. Both poems are about the comparison between man and nature, in this case, it’s the daffodils, but the poems are written in a different way. The poems are very different in terms of the way daffodils affectRead MoreDisabled a Poem by Wilfred Owen and Refugee Blues by W.H. Auden1219 Words   |  5 Pagesin their poems ‘Disabled’ and ‘Refugee Blues’ respectively. Both the poems focus on the intense depiction of the unglamorous consequences tied with war. ‘Disabled’ as per the title is about a young so ldier disabled both physically and emotionally during combat. The poem is written in close focus third person and zooms in on the soldier’s unwillingness to continue with his life as he falls into slow depression which is illustrated by the close focus pathos (pity) where at the end of the poem is spokenRead MoreComparison of Dulce Et Decorum Est, and Refuge Blues English Coursework933 Words   |  4 PagesCompare Dulce Et Decorum Est and Refugee Blues Both the poems are based at periods of War, but the difference being is that ‘Dulce Et Decorum Est’ depicts the very physical suffering of the soldiers in the muddy, bloody trenches of the First World War, (The Great War), and is written for the purpose of educating those on the home front, who are naà ¯ve to the suffering experienced by the soldiers on the front line, people referred to as his friends, who must be informed about the old lie, ‘DulceRead MoreA Woman Love for a Man1201 Words   |  5 PagesCompare and Contrast Essay: â€Å"Story of an Hour† and â€Å"To My Dear and Loving Husband† Thesis: In the short story, â€Å"Story of an Hour† by Mary Chopin and the poem â€Å"To my Dear and Loving Husband†, by Anne Bradstreet both authors reveal how each of their female characters feel about their husband and how each feelings are expressed differently I. Both women are treated differently by their husbands. A. In the â€Å"Story of an Hour†, the central character, Louise Mallard, feels locked in her marriageRead MoreOtherwise Commentary1047 Words   |  5 PagesCommentary The poem Otherwise is short, simple and eloquent. The author, Cilla McQueen, describes two lovers that are located on â€Å"opposite† sides of the world. McQueen uses the title to emphasize the conflicts. The speaker’s emotions are expressed through two main themes; love and distance. Imagery and diction maximize the emotions associated with these themes. Additionally, she uses many literary devices throughout the poem for effect. From the onset, the title Otherwise is vital to the poem foreshadowing

Being A Successful Consultant For Taylor Healthcare...

FUTURE My first goal in the future is to obtain my Master’s in Business Administration from Bethel University. Achieving this goal will ultimately open many doors for me in the consultant field. I do not want to leave the practice I am currently working in. I have been on my job almost since conception; therefore, I would like to stay with the company and watch it grow from here. In the future I anticipate nothing but success. However, I do know that becoming successful does not come easy. I am prepared for stumbling blocks that may come my way. I envision myself being a successful consultant for Taylor Healthcare Consultant (THC) group. I would travel the world helping other practitioners reach their highest potential and making sure their office is running efficiently. To help secure my future I will use the P.O.W.E.R Learning as a tool to help guide me along the way. In my Orientation class to Business we learned of P.O.W.E.R. The word P.O.W.E.R is just an acronym for the first letters of a series of steps that one must use to help you achieve your goals. ( ). By using this process it does not guarantee success. You are the only one that can make it succeed by your personal investment of time and hard work. †¢ Prepare- I feel as though I am in the preparation stage of my life now. By attending school I am preparing myself for the goal that I have in mind. You have to know where you are going first, so you can know how to reach your goal. It is good to have goals thatShow MoreRelatedBusiness Intelligence ( Bi )3077 Words   |  13 PagesIn older times, the raw data collection and analysis would all be done on paper and then stored in a safe spot. There were many problems with this old age approach such as destroyed or stolen documents, only having one copy of everything, and being harder to organize (versus modern day BI tools). 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A MDT meeting was arranged the following week after Lucy’s admission to allow all healthcare professionals to communicate about their individual involvement in Lucy’s care and treatment. The MDT meeting was also arranged to plan and make a decision on what the best care and treatment would be to promote Lucy’s recovery. All professionals involved in Lucy’s MDT meeting consisted of her consultant, nurse, social worker, psychologist, pharmacist, Lucy, Lucy’s mum â€Å"Mary† and myself. I hadRead MoreThe New Confessions Of An Economic Hitman By John Perkins1978 Words   |  8 Pagesdeveloping countries. These deals would consist of making several countries (Ecuador, Colombia, Panama, Saudi Arabia, etc.) believe that if they allowed these companies to construct oil rigs, and infrastructure, that they would be on their way to being a developed country and that it would benefit the lower and middle class. Unfortunately, as revealed by John Perkins, the countries would be indebted to these corporations for many years, and the poor would get poorer while the rich got richer. PerkinsRead MoreCase Study4689 Words   |  19 Pagescompany has to seek the services of a well reputed, highly experienced and an expertise HRM consultant (BUSINESS.COM 2012). Human Resource Management consulting firm is recognized for its focus on selecting, managing, and developing talent. The HRM consultant identifies and interprets the attributes and capabilities required of key players to fulfil the clients’ business plans. Accordingly, the HRM consultant creates technology-enabled solutions including assessment tools, development processes, andRead MoreMonster.Com Marketing Plan Essay4188 Words   |  17 Pages1.0 Executive Summary In 2000, Monster.com is already a successful career-building business. They are at the top of the online job-recruitment industry. Now that they have created a successful company, they need to be able to sustain their success. CEO Jeff Taylor is interested in what the next 5 years will look like for Monster.com. He wants the company to continue to grow and innovate. Just because the company is #1 today, doesn’t mean they will be able to sustain that status. In order forRead MoreA Critical Analysis of the Implementation of Lean Principles in the Service Industry4993 Words   |  20 Pagesviewed as open systems, which interact with their respective environments on a continuous basis. In this context, these systems comprise synergetic and interdependent subsystems of input, process and output with the main objective of these systems being to efficiently and effectively deliver goods and/or services to their demanding customers (Yasin and Wafa, 2002). Confronting the challenges of global competition, companies have to reduce costs, improve quality, and meet their customers’ ever-changingRead MoreService Effectiveness Through Employee-Customer Linkages7409 Words   |  30 PagesExecutive Overview ........................................................................................................................................................................ The management team at a national retailer of consumer healthcare products came under pressure from the parent company to improve profitability. In the past, they had focused on progressive human resource practices as a key success factor. Now, they had to show how these practices drove growth and profitabilityRead MoreApplication of Balanced Scorecard30011 Words   |  121 Pagesthe purpose of planning future growth and creating an organization with more collaborative leadership (Kaplan Norton, 2007). Kaplan and Norton (1992) completed a yearlong research project that was comprised of 12 companies that they described as being at the leading edge of performance management. The result of this yearlong research project is the Balanced Scorecard, which is an assessment tool comprised of a set of measures that go beyond the traditional measures of financial criteria to includeRead MoreProject Managment Case Studies214937 Words   |  860 Pages978-0-471-75167-0 (pbk.) ISBN-10: 0-471-7 5167-7 (pbk.) 1. Project management-Case studies. I. Title. Printed in the United States of America Contents Preface xi 1 PROJECT MANAGEMENT METHODOLOGIES 1 Lakes Automotive 3 Fems Healthcare, Inc. Clark Faucet Company 2 5 7 11 IMPLEMENTATION OF PROJECT MANAGEMENT Kombs Engineering 13 Williams Machine Tool Company 15 Wynn Computer Equipment (WCE) 17 The Reluctant Workers 20 Hyten Corporation 22 Macon, Inc. 35 Continental Computer

The Brazilian Public Health System - 919 Words

The quality of obstetric care can depend on different barriers to access, education, or race and class. The healthcare system in Brazil is split between private and public sectors. Brazil has the Brazilian Public Health System known as the SUS that provides services to citizens because healthcare is considered a public right. Studies have shown the high rate of cesareans occur at private hospitals where women are paying more for care. The country’s healthcare is around 30% private and 70% public, which supports the inequality amongst the population. Those who can afford private healthcare receive more of a choice. These women also tend to keep the same doctor throughout their pregnancy allowing for more benefits and informed decisions†¦show more content†¦There are very few clinics available because of the infrequent training. The public system does not realistically budget for their salaries because they would rather pay for doctors (Caesars Legions, 2015). This is l ike the movement for more midwives in the Mexican Hospital settings to increase the voice of pregnant women. The midwives are entering the system and witnessing the violence in Mexican hospitals from unreasonable protocols (Dixon, 2015, p449-451). If Brazil could reallocate its resources within the public sector, access to public health could improve and the government could distance themselves from hospitals. The lack of resources in maternity departments continues to make C-sections popular in Brazilian hospitals. The don’t have the medical equipment or enough beds to perform vaginal births (Brazil Introduces New Caesarean Birth Rules, 2015). The SUS do not allow women to schedule their delivery in advance, which makes finding a hospital to deliver a stressful situation. Expecting mothers with risky pregnancies can face challenges finding a secure bed, which unfortunately contributes to maternal mortality and morbidity. Women can die or experience negative impacts post-pregnancy (Diniz, S., Chacham, A., 2004, p102). A Brazilian obstetrician told BBC, â€Å"the best way to guarantee yourself a bed in a good hospital is to book a caesarean† (Brazil Introduces New Caesarean Birth Rules, 2015). Brazil is considered aShow MoreRelatedBrazil s The Unified Health System Essay1636 Words   |  7 Pagesbeen largely inaccessible to foreign investment. The country has dedicated public funds to run health care facilities. According to (The Lancet, 2014), Brazil s 1998 constitution officially declared all citizens were entitled to healthcare. This provision birthed the Unified Health System (SUS). A system which relies heavily on taxes and government support. Historically, Brazil s government has blocked FDI inflows in the health sector. However stagnation, combined with a strong desire to spur economicRead MoreThe United States And Brazil1289 Words   |  6 PagesIntroduction The United States and Brazil have similarities nevertheless numerous dissimilarities associated with health care. First and foremost let’s get things straight, The United States is an industrialized nation that has nearly 323 million residents. Besides, it has the most significant economy globally, due to its Gross Domestic Product (GDP) which is around $16.77 trillion (World Bank, 2014). Alternatively, Brazil is an up-and-coming country, with more than 204 million of populaces andRead MoreEssay about Cultural Analysis of Brazil1398 Words   |  6 Pagesin the south. Brazil is divided into five climatic regions: equatorial, tropical, semiarid, highland tropical, and subtropical. Topography. Brazil consists of lowland basins, mountains, plateaus, hills, and rivers. 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Petroleum Essay free essay sample

Petroleum has brought great benefits to human civilization; quality of life and dynamic prosperity is caused by this precious resource. It is the lifeline of modern civilization. It is the source of energy for agricultural, industrial and transport sectors and sustains essential industries moving. Petroleum currently provides 90 per cent of energy used for transportation, and while its benefits are astounding, the use of petroleum-based technologies also has cost (disadvantage). The environmental impacts associated with extracting and transporting petroleum can affect fragile ecosystems. However, oil companies continue to develop new techniques and recovery methods, which reduce the amount of land affected. The biggest concern is that the combustion of fossil fuels contributes a variety of emissions to the atmosphere and releases carbon dioxide that causes the greenhouse effect. Therefore, there is considerable interest in reducing our reliance on petroleum-based technologies. Petroleum is an exhaustible resource and the industry has noticed of this fact. We will write a custom essay sample on Petroleum Essay or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page To promote efficient and economic uses of energy, Petroleum Conservation and Research Association (PCRA) has been functioning for last two decades. PCRA has done enormous work in mass awareness energy conservation in industrial, transport, and household and agriculture sectors through energy audits and studies and by continuously educating the users of petroleum products on importance and urgency of energy conservation. The task is enormous as it includes highly qualified engineers, drivers or automobiles, housewives and farmers. As we saw in the last paragraphs petroleum is such a useful energy source, unfortunately it is not-sustainable and the day it may end is probable that humans will be prepare; if not humanity will have to get used to the lack of the products of petroleum. It is not only its sustainability, but the reactions in our environment that it is producing. It’s a bomb about to explode. Scientists should get to do something about it.

Fashion Junkies Essay Example

Fashion Junkies Essay Alycia Griffin Professor Michael Bedsole English 101 16 September 2012 Fashion Junkie Every company wants to have fresh ideas for their ad campaigns, to draw in their audience. Sisley attempted to draw the consumer in using an advertisement that depicted two women participating in illicit behaviors. The advertisement may have been considered humorous, had it not been so vulgar. Sisley’s attempt at reeling the consumer in resulted in an effect that definitely caught the eyes of their targeted audience, but not in a way that could be considered positive. Is fashion, an addictive and destructive vice, destroying its intended and targeted audience; the consumer? In 2007, the fashion line, Sisley, whose parent company is United Colors of Benetton, released a print ad with the words â€Å"Fashion Junkie† in the center of the page. At first thought, without having seen the ad, a person would not have thought anything negative about it because the term â€Å"fashion junkie† is widely used by those who love fashion. In the ad, though, it depicts two young, beautiful women partaking in behaviors that would be considered classless. It is set in a dark room that gives an eerie feeling; it gives the viewer a sense that there is nothing happy or light about Sisley’s line. One of the women is sitting down while the other seems to be leaning against the table. On the table there is a credit card with white powder on it. Next to the credit card there is also a white strappy dress lain on the table that the women seem to be â€Å"snorting† as though it were cocaine. The women’s position against the table seemed to show a need or dependency for the drugs shown. The women are wearing what looks like party dresses. We will write a custom essay sample on Fashion Junkies specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Fashion Junkies specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Fashion Junkies specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Both of them are wearing makeup that is dark and have their hair loose and down. One of the models is looking towards the viewer, in a way, with a lifeless expression in her eyes. Both their facial expressions give the idea that they are strung out on illegal drugs, obviously. In the center of the page it reads â€Å"Sisley† in all capital letters with the words â€Å"Fashioin Junkie† underneath. The word â€Å"fashion† was misspelled; it is kind of a play on words to make fashion sound like heroin. Sisley attempted to sell their line of clothing by inferring that their clothes are addictive and leave you craving more from them. Unfortunately, they failed in that respect. The main focus of the advertisement should have been the models and the garments that they were wearing, but immediately, the first thing noticed is the zombie-like expression of one of the models. On the other model, one of her nipples is very clearly noticeable. Sisley’s sister company, United Colors of Benetton, led the way in the fashion world during the eighties, defining fashion at that period. Benetton is known for marketing their brand while always addressing national and international issues. As sister company to Sisley, it is very unlikely that Benetton would want to be associated with Sisley when they are releasing such racy advertisements that can be taken negatively in more ways than one. The advertisement also showcases a credit card from Chase Bank that looks like it was used to cut the lines of cocaine. Sisley makes it seem as though Chase Bank is condoning this behavior and serves as support to the addictive lifestyle that fashion and drugs bring. Looking at the advertisement, the audience most likely assumes that the two women pictured are models. There are already many negative conceptions about models and this advertisement verifies those conceptions in a way. Many people in the general public look at models as super slim women with weight management problems as well as drug problems. People like Kate Moss further stimulate these stereotypes and misconceptions. It seems as though Sisley was attempting to use the fact that models do drugs in an effort to manage their weight to manipulate their audience’s mind by having the two models â€Å"snorting† the dress through white straws. In this way there was a direct correlation between the fashion industry and the drug culture. For some people fashion actually is an addiction. Some people lose all their money in an effort to stay up to date with the latest trends. This is where the cocaine laced Chase Bank credit card comes in. Most people are aware of the phrase â€Å"Get it on credit. † Sisley stressed the point that even if you don’t have money in your own possession, their product is so spectacular that it is worth maxing out your credit cards. The fact that cocaine is known as the â€Å"rich kid drug† further supports Sisley’s effort at trying to make it seem ike their clothes are addictive. Furthermore, the fact that cocaine is known as the â€Å"rich kid drug† might even give the consumer an idea that the product is expensive. They even went so far as to use the credit card to cut the lines of cocaine, which also correlates the drug culture and fashion industry. This is a f ashion advertisement, but Sisley fell short in their effort to sell their actual clothing line. There’s a dark nature of the advertisement which overpowers the clothing. At first glance, you notice nothing of what they have on. You might notice what the girl on the left is wearing simply because she has a nipple slipping out of her dress and doesn’t seem to care whether it noticeable or not. If you actually took a decent look at what the two ladies were wearing, you could see that their outfits were actually very tasteful and well put together. Most garments considered high fashion that are seen on runways are fashionable, but in no way functional. The outfits that these two women were wearing were clothes that consumers might actually consider buying and would include in their daily wardrobe. This is masked by all the extremes occurring right in front of the viewers face, taking the attention away from what the advertisement was originally intending to sell. Although Sisley fails to sell their clothing line, what they succeed in doing is degrading women as a whole. The ad does not say much about their fashion and it says even less of how a respectful, classy woman should behave herself. There are few people that would be fine with their child seeing this ad in Seventeen or Teen Vogue. It is negative imagery that does not send out a positive message to children and teenagers of the younger generation growing up in today’s society. The ad actually inadvertently condones the use of cocaine, or rather, any illegal substance. It throws beautiful people in the face of the consumer because as humans, people are thinkers, but they are also followers. Sisley exploited that fact knowing that if they put two beautiful women in their advertisement campaign, participating in less than lady-like activities, it would entice the young people to support their product. After the 1980’s, heroin arose as the drug of choice. Waif-like models epitomized this new aura of â€Å"heroin chic;† fashion moguls conveyed the association of glamour with heroin (Durant and Thakker). The western view of beauty drives those prominent in the fashion industry to look to drugs to help control weight as well as maintain a certain figure. Drugs directly correlate to fashion in the same way that Wiz Khalifa influences his Taylor Gang followers. The consumer sees the use of drugs like heroin, cocaine, marijuana, and the like by wealthy influential figures and subconsciously realizes that maybe it is acceptable to partake in the same activities that they are witnessing. President Clinton stated in 1997, â€Å"American fashion has been an enormous source of creativity and beauty and art and, frankly, economic prosperity for the United States and we should all value and respect that. But the glorification of heroin is not creative, its destructive. Its not beautiful; its ugly. And this is not about art; its about life and death. And glorifying death is not good for any society. (Wren)† On February 4th of 1997, David Sorrenti, a fashion photographer, overdosed because of his use of heroin. Sorrenti photographed his models looking hard and drugged; even magazine editors had to admit that the â€Å"strung-out† look had a certain level of seductiveness to it, although damaging (Wren). The advertisement was specifically directed towards a younger audience, most likely teenagers and young adults who are still very impressionable because they are most likely to buy the products marketed by Sisley. There aren’t many middle-aged and older generations that would find this very tasteful to say the least. The majority of the older population has already experienced their rebellious or dangerous stage of life and knows the pros and cons of doing hard drugs. Needless to say they would not find this article very enticing to their self. Rhetorical Approaches says that â€Å"While the speaker should try to develop an idea of her audience in advance, she should also react to her audience as she speaks. † Sisley had a clear idea of who their audience was, but the clothing company fell short when creating this advertisement because they did not thoroughly think about how their audience would react to this advertisement. Unfortunately for Sisley, it was received with plenty of negative criticism. Sisley did invite their audience in, though, if only to receive negative feedback. This advertisement was not only selling its own line of fashion, but it was also selling the world of fashion. This was Sisley’s strong point. It showed the importance of fashion internationally, as well as the effect that fashion has on a culture and any single person’s social identity. It sold that fashion can influence a person to do things that otherwise would be considered beyond ridiculous. It shows that fashion can make people live outside of their means, by buying on margin. Sisley definitely succeeded in showing how fashion can manipulate a person’s or society’s mindset. Ultimately, Sisley did not sell their product very well. The focal point of the advertisement should have been the fashion and clothes from their line, but drugs were the focal point of the advertisement. Even if this advertisement were not removed, it probably still would not have sold the product very well. There is no product to see. In the end, there could have been a more creative and tasteful way to put this advertising campaign together. Works Cited Adams Wooten, Courtney, Sally Smits, and Lavina Ensor. Rhetorical Approaches to CollegeWriting. Plymouth: Hayden-McNeil, Print. Durant, Russil, and Jo Thakker. Substance Use and Abuse: Culture and Historical Perspectives. Thousand Oaks: Sage Publications, 2003. Print. Messiah, Lauren. Want some drugs with that fashion?. StyleList. The Huffington Post, 18 Jul 2007. Web. Web. 16 Sep. 2012. Wren, Christopher. Clinton Calls Fashion Ads Heroin Chic Deplorable. New York Times 22May 1997. Web. 18 Sep. 2012.

causes for american revolution essays

causes for american revolution essays In the aftermath of the French and Indian War, Britain needed a new imperial design, but the situation in America was anything but favorable to change. Long accustomed to a large measure of independence, the colonies were demanding more, not less, freedom, particularly now that the French menace had been eliminated. To put a new system into effect, and to tighten control, Parliament had to contend with colonists trained in self-government and impatient with interference. One of the first things that British attempted was the organization of the interior. The conquest of Canada and of the Ohio Valley necessitated policies that would not alienate the French and Indian inhabitants. But here the Crown came into conflict with the interests of the colonies. Fast increasing in population, and needing more land for settlement, various colonies claimed the right to extend their boundaries as far west as the Mississippi River. The British government, fearing that settlers migrating into the n ew lands would provoke a series of Indian wars, believed that the lands should be opened to colonists on a more gradual basis. Restricting movement was also a way of ensuring royal control over existing settlements before allowing the formation of new ones. The Royal Proclamation of 1763 reserved all the western territory between the Alleghenies, Florida, the Mississippi River and Quebec for use by Native Americans. Thus the Crown attempted to sweep away every western land claim of the 13 colonies and to stop westward expansion. Though never effectively enforced, this measure, in the eyes of the colonists, constituted a high-handed disregard of their most elementary right to occupy and settle western lands. More serious in its repercussions was the new financial policy of the British government, which needed more money to support its growing empire. Unless the taxpayer in England was to supply all money for the colonies' defense, revenues would have to be e...

Comparative employee relations Case Study Example | Topics and Well Written Essays - 2250 words

Comparative employee relations - Case Study Example On top of this, the expanding industrial society was drawing more children, women, immigrants as well as rural workers in to the urban culture. This pool of semi skilled labor as well as unskilled labor started to organize themselves in small groups in order to articulate their plight collectively. This marked the onset of trade unionism. The political dimensions or political orientations of trade unions have always been determined by the nature and type of political regimes existent in their economies all over the world. Due to this reason, many trade unions especially in former colonial states ended up forming themselves into political parties. In other democracies these trade unions concentrated only in their field of specialization and only rarely did they form themselves into political parties. The rise of trade unionism in Britain could be best analyzed on a modernization theory perspective. On the other hand, in order to understand the rise of trade unionism in Kenya, which happens to be a former British colony can only be best understood from a dependency theory perspective. Trade unions both in Britain and in Kenya have a long history of getting overly involved in political affairs. Surprisingly in both countries, there are instances where certain trade unions have turned into political parties and contested for national elections. Trade unions in Kenya have always had a political dimension ever since the struggle for independence from Britain began. Many trade unions were on the front line in advocating for the release of detained freedom fighters and ever since, they have always been very political. Trade unions in both countries have been highly involved in political campaigns, especially for political parties that they consider to be of importance to them. The British labor union was one of the driving forces of bringing the labor party to power. Likewise, the Kenya federation of labor was supportive of bringing the current NARC regime in to power in Kenya. Additionally these trade unions have always been keen on criticizing bad legislation or poor government policies in all sectors of the economy. In almost all countries of the world there is no country where trade unions have failed to conflict with the ruling regimes. This is in no exception to trade unions in Britain and Kenya. Kenya having been a former colony of Britain and given the fact that it is still a member of the commonwealth countries it shares a lot in common with not only Britain but with almost all of the commonweal

Have advances in bioscience lead to the greater risk of a biological Essay

Have advances in bioscience lead to the greater risk of a biological attack by a non-state actor - Essay Example One of the reasons why that is so is that very few cases of the individuals or groups in possession of the biological weapons have conventionally been identified. Nevertheless, a review of the practices and trends of the non-state actors in the past provides a very subjective idea of the tendency of the contemporary non-state actors to cause harm to the society through the biological weapons, given there has occurred a noticeable increase in the body of knowledge about the harmful effects of the pathogenic micro-organisms for humans over the decades. Even though, to the extent that the review of the historic cases is beneficial for understanding the current trends and capabilities of the non-state actors, one historic cases of the biological attack carried out by the non-state actors successively in 1984 is discussed in this paper. Using the pathogenic micro-organisms as a destructive tool exposes both the society and the non-state actors to various kinds of challenges. This paper an alyzes the extent to which the non-state actors involved in the biological attacks are a threat to the society. The most popular biological attack in the history of the USA was made in 1984 by a religious cult Rajneeshees that stole an Oregon-based country election. The Rajneeshees lived in the rural Wasco County and had become politically strong in Antelope, a small town whose name was thus changed to Rajneesh.

Macro Mechanics Essay Example for Free

Macro Mechanics Essay The first chapter â€Å"Introduction† provides detailed overview of the book content. The author discusses the scope of the book, its goals and objectives, and special attention is paid to chapters’ content. David Ashby, the author of the book, argues that the key task of economy is â€Å"to coordinate the kinds and quantities of goods and services produced with the kinds and quantities that buyers want†. (p. 1) Central government planning is assumed to deal with coordination among monetary capacity and demand for output, whereas the book’s goal is to present how this process is being accomplished in market-oriented economy and in private enterprises. Ashby stresses that, for example, in the USA coordination process is automatic process meaning it doesn’t need government involvement; coordination process has evolved through the changes in interest rates, employment levels, prices and output. Ashby discusses the disturbances that trigger coordination process and highlights peculiarities of the macroeconomic coordination process. Actually, he defines macroeconomics as the study of policy methods for manipulating levels of coordination process; moreover, macroeconomics is the study of key determinants of employment levels, interest rates, prices and outputs. In this respect, the book offers original approach to modern macroeconomic analysis. The author recommends three aggregative magnitudes for examining coordination process: GDP that represents annual rates of national produced goods and services; APE that represents current rate of demand; and ASF that represents the limit imposed on annual purchase of current output. Further, Ashby stresses the importance of studying macroeconomics because it gives an excellent opportunity for becoming more informed choices instead of a voter. Thus, modern person should be able to assess quickly what he future employment prospects are, what the current macroeconomic situation is, and what actions the government can take in crisis situations. The book consists of 16 chapters and several tables that illustrate the nature of economic coordination process and its dependency on twenty-four fundamental relations. Chapter 2 provides extended definition of GDP, how it is measured why it is important for macroeconomic coordination process. Chapter 3 discusses the concept of GDY stressing that it equals GDP, but its key goal is to measure the incomes produced during the national output production. The next chapter highlights the concept of APE and discusses its dependency on employment, output, interest rates and prices. Chapter 5 provides definition of ASF and explains its key fundamentals and its relations with income and interest rates. Chapter 6 discusses the third aggregative multitude – ADF – and examines its relations with ASF. Their interplay is funding adjustment. Chapter 7 and 8 examine the â€Å"microeconomic foundations of the output-price adjustments that commence whenever APE and GDP are unequal†. (p. 6) employment levels, interest rates, prices and output make coordination process function effectively through changes and restoring equality. Chapters 8 and 9 discuss the causes and reasons of inequalities among ASF, APE and GDP identifying inequality situations. Chapters 11 and 12 concentrate on the monetary and fiscal policy used for manipulating the macroeconomic coordination process. Chapter 13 and 14 address induced business cycles, international and foreign trade, income policies. Special attention is paid to policy hurdles that may lead to liquidity traps, macroeconomic inconsistency or timing lags. Chapter 15 examines trade impacts and trade restrictions. The final chapter draws relevant conclusions about macroeconomic coordination, and provides fresh look at exchange rate regimes and exchange rate determination in relation to domestic fiscal and monetary policies. Chapter 2: Summary The second chapter â€Å"Output† provides extended definition of GDP or Gross Domestic Product, prices level indexes, and discusses the ways how to adjust Gross Domestic Product. Ashby writes that a nation has three limited factors of production – resources/and, labor and capital. Firstly, resource/land includes not only the land itself, but also animals, mineral resources, vegetables that are obtained from the land. Secondly, labor resource is human work effort. Thirdly, capital includes everything that refers to producing goods and services as, for example, machines, buildings, tools, processed ingredients and manufactured parts. Ashby writes that production processes â€Å"combine quantities of resources/land, labor, and capital to create a wide variety of goods (i. e. , merchandise) and services†. (p. 10) Nevertheless, the negative moment is that existing technologies and availability o factors limit what the nation is able to produce. Therefore, Gross Domestic Product or GDP is very important for macroeconomic coordination process as it helps to calculate what the nation can produce and what benefit it will give to the nation. GDP is defined as â€Å"the value of the total output of goods and services produced within a country during a year’s time†. (p. 11) The market values are added together for calculating the GDP. In particular, the Department of Commerce puts together the actual average selling prices and the number of units produced. Nevertheless, it is necessary to remember that the Department of Commerce has to deduce cost of any foreign materials and services, as well as materials and services that have been measured as GDP of other producer. Ashby writes that â€Å"price shall refer to the market value per unit of the product minus any multiple counting of costs as well as any costs or profits owed to entities outside of the country†. (p. 12) Of course, data problems are immense as calculating GDP is a complicated process even for professionals. No errors are allowed as GDP reflects national stability and economic growth. For example, one of the problems is lack of data and, therefore, some of the products may not be included into GDP calculations. Further, the author writes that cost and market values are not the same. The key difference is profits meaning that market value equal cost value plus profit. This peculiarity should be remembered to avoid errors in calculations. Moreover, problems are associated with unit price as well because for defense, fire, education and policies services no unit price is provided. There is no surprise that the Department of Commerce isn’t allowed to determine the values of either goods or services produced for own use. The Department of Commerce has also to measure the value of the output using prevailing prices. As far as the level of prices and costs are changing, the magnitude of prevailing prices is changing as well challenging accuracy of the calculations. Ashby indicates that â€Å"a suitable measure for the volume of domestic output must change only when the volume of domestic output changes and must change in the same direction and by the same percentage as does the output value†. (p. 14) Finally, price level indexes are used for removing the influence of cost and price changes. It is know that GDP represents the volume of goods and services produced within one year; otherwise, GDP represents the annual the annual rate displaying country’s produced output. Of course, it is necessary to remember that GDP is adjusted value meaning that changes in level prices result in changes in the value of the output. Chapter 3: Summary The third chapter stresses the differences between gross domestic product and gross domestic income. The only source of income is, actually, production. The author mentions that one should not misuse ‘gross domestic product’ and ‘gross domestic income’ as they different concepts. In particular, gross domestic product is the measurement of production, whereas the gross domestic income is the measurement of income. One more moment to remember is that their magnitudes are equal: if gross domestic product is changing, gross domestic income is changing as well in the same amount and in the same direction. Ashby underlines that â€Å"there can be no change in gross domestic income without a matching a change gross domestic product†. (p. 24) Further, the author discusses three important notions in the chapter. Firstly, it is necessary to understand that gross domestic product is measured as the output is produced, and it identifies the values of the products that are expected to be sold either at domestic or foreign markets. It means that some products may appreciate in market values, whereas other may deteriorate awaiting the sale. Therefore, matching adjustments should be definitely made for identifying both gross domestic income and gross domestic product. Secondly, money and income are two different notions; they are not the same thing. Income is defined as the result of money, and money is argued to be a messenger that delivers humans the income. Nevertheless, income can also be received in non-money form as, for example, insurance policies, retirement packages, etc. Interestingly, Ashby recommends distinguishing between ‘people earning income’ and ‘people earning money’. Income is generated by producing goods and services, but income doesn’t generate money. New income is often generated by the old money. Thirdly, Ashby underlines the role that credits are playing in modern economies. The role of credits is critical to economic development and country’s prosperity. Credits give producers an opportunity to produce goods and services, to sell their goods before they are to pay the bills, etc. The chapter highlights the concepts of shared incomes and shared sales. In particular, the author discusses the shares of gross domestic income that are received for producing gross domestic output. The role of specialization is underlined as well. Ashby writes that modern economies of well-developed countries enjoy high standards of living due to specialization. Actually, specialization involves â€Å"structuring production processes in ways that enable workers and machines to restrict their efforts to a small number of tasks for which they are particularly well suited†. (p. 26) However, the key negative moment is that specialization may result in reduced self-sufficiency. Specialization requires earnings to be paid in money form for purchasing goods and services. The author defines federal debt as â€Å"the total of all Treasury securities that have been issued but have not yet matured†. (p. 43) For example, the federal debt of the USA in 2008 was more than $9 trillion. Of course, the debt is huge and the country has to develop fiscal policies to reduce federal debt and to prevent its re-occurrence in the future. Budget deficits may be avoided by levying sufficient tax increases and generating adequate national revenues. Ashby blames federal government for doing nothing to reduce debt balances. As far as the government never pledges collateral, it may borrow any necessary time. Therefore, sovereign federal government can’t go bankrupt. As far as the US is able to borrow, its national debt is increasing and increasing. The tendency is negative because when the time to pay credits comes, what will the government do?

Essay --

Executive summary This report discusses how management prepares them to anticipate change in the business environment in the long run and short run too. Change is very important for each and every organization in today’s world because world today has become a daily changing place and in order to keep pace with the changing world we need to bring about a constant change in our organizations, too. There are certain methods by which the senior management can prepare them for anticipating the need for change. The first method is by doing a detailed research and studying for the change. The second method involves having the awareness about the ever changing needs of people and the change process. The third method discusses about having a complete understanding about the compulsion and urgency for change. Lastly, being mentally tough for the change process is the fourth method to prepare the management for anticipating change in the short and long run. Introduction: Change is a constant and ingoing process in an organization. Change can be defined as one of the many characteristics of organization development. The change efforts are based on the analysis of particular problems and their purpose is to attain specific goals. Change is not an easy thing to implement and anticipate. It is a difficult and a challenging process; therefore the management has to take certain steps in order to prepare them for antedating the change in business environment. The senior management can prepare themselves for a change through studying and researching about change, by having a sound awareness about the change process and by understanding the necessity of change and by being mentally tough about the change process. All in all, a constant change is ... ...reparing them for anticipating the need for change that will be necessary for the organization. This is most applicable for the long run change because if the senior management is working for the environment today they will be efficient to keep a check on the long range changes too, that are being forecasted for the future. Conclusion: Change is required for all types of organizations and in every field. Whether the change is long range or short range the senior management will have to prepare them for the change process. The factors that can prepare the senior management to anticipate change are consciousness about the change, research and study, identifying the necessity for change and the mental toughness for change process. The senior management must possess these factors in order to prepare them for anticipating the long range as well as the short range change.

Charlotte

From the ginning of the story, it was already manifested how friendship and love became the foundation fifths novel, due to Fern's love for Wilbur he was saved from the hands of Mr.. Arable who intends to take the life of Wilbur. Despite Fern being only a little girl, she thought of Wilbur as her own child, whom he cared for and love so much. Aside from this, one of the greatest proofs of how important friendship is was depicted between Charlotte and Wilbur. Without Charlotte help, Wilbur would be butchered in the slaughterhouse.In addition, it is exhibited in the story, that even though Charlotte life was nearing its end, she still thought of helping Wilbur, together with Templeton, in the fair to provide moral support for her friend. Although Charlotte passed away in the end, her life became more meaningful and happier by helping Wilbur. Wilbur was not only saved from being killed, but what Charlotte woven words did was more than that, she proved to Wilbur that he is important and that he is loved which I believe is the best feeling anyone could experience.Lastly, before Charlotte die she entrusted her egg sac to Wilbur since she cannot make it back to the barn anymore, and s a loyal and grateful friend, Wilbur not only took the egg sac back to the barn but even cared for the three spiders who were left behind and their succeeding eggs. Setting This story took place in rural America at the Seersucker's barn. The story involved many seasons, although Wilbur was called a spring pig meaning he was born during springtime, most of the story happened during summer and fall. The barn was old yet very large as described in the story.This barn feels very welcoming and comforting as it smelled mostly of hay. Wilbur new home was at the lower part Of the barn, beneath the cows. Since according to Mr.. Seersucker's viewpoint, manure pile is great for pigs as they need mud to keep them warm and comfortable. Characters Wilbur – He is the main character in the book Ch arlotte Web. He is born as a runt of his litter, which caused Mr.. Arable to kill him. Fortunately, he was saved by Fern's love for him. He is very sensitive and vulnerable, yet, with the love from his friends, he was able to live life again better than before.Most of the times he feels insecure and emotional but with his friend Charlotte, he was able to move on to this and gain a little faith in himself. He undergo life's as and downs but with his friends, especially Charlotte, he was able to surpass it all and be happy in the process. He is forever thankful for Charlotte?s love and as a form of showing gratitude for this he looks after her kids. Charlotte A. Cavity – She is a barn spider who lives above Wilbur pigpen, and often portrayed as a heroine of the story. She is cool, collected, practical, talented, clever and loyal to her friends.She played an important part in Wilbur life, often perceived as a mother of Wilbur. She gave all her best effort even in her last day ju st to save Wilbur life and show people who Wilbur really is. Mr.. John Arable – He is Fern's father, who wants to kill Wilbur at first but due to Fern's objections, he spared Wilbur life. He let Fern take care of Wilbur but greatly stand with his decision to sell Wilbur at five weeks old. He is a practical man but at the same time loving especially when it comes to his daughter.Fern Arable – She is an affectionate little girl who saved Wilbur life from an untimely death and the only human being who can understand what animals say. She became a mother to Wilbur until it was time to sell him to his uncle. Despite this, she still visits Wilbur a lot and even kittens to the stories of barn animals. As, the story progresses, she grew up and moved away from the barn where she became more interested with Henry Fussy than Wilbur. Avery Arable – He is Fern's elder brother who is boisterous, aggressive, adventurous and carefree. Unlike Fern, he often wants to kill animals and rule nature.He is also a performer, somewhat like a clown at some point, and works hard in the story. Mrs.. Arable – She is the mother of Fern who at most times is overreacting especially when it comes to her daughter. She is very worried on how Fern thinks that animals can talk and hat most of her time is spent with the animals in the barn. She always try to push Fern to mingle with persons of his own age rather than visiting the barn. Mr.. Homer Ackerman – He is Avery and Fern's uncle and the proprietor of the farm near Rabble's residence. He raises animals for a living. Moreover, he bought Wilbur for six dollars from Fern.He is the saw and believed the words woven by Charlotte about Wilbur and decided not to take him to the slaughterhouse. He benefited from this, since Wilbur became famous and in return he cared more than ever for his animals. He entered Wilbur at a intention in the fair and won twenty-five dollars when Wilbur was granted with a special award. Mrs.. Edith Ackerman – He is the wife of Homer Ackerman who spends her time mostly in the kitchen. She is also the only person who thought that the spider, Charlotte, is the one who is truly amazing than the pig, Wilbur, described by the woven words.Luray – He works at Ackerman who also depicted what a very industrious person truly is. He was the first to see the web of Charlotte and when Wilbur became famous, he then took care of him extra carefully. He is very sensitive with Wilbur especially he does not eat his food. Dry. Dorian -? He is the family doctor of the Rabble's family. He told Mrs.. Arable that Fern might really hear animals talk because there are a lot of things that could not be explained by Science. He even attributed Charlotte web as one of the proofs of how wondrous the nature is. Minister – He is the first person to whom Mr..Ackerman shared the story regarding the writings in the web. He did not really believe him and even thought of Mr.. Acke rman as unusual. Henry Fussy – He is not really a very active character in the story' but was described s one to whom Fern is very fondled of. Templeton -? He is a rat that lives in Wilbur trough. He is portrayed as rather selfish who is also a glutton. Moreover, he would only help Charlotte and Wilbur when they would offer food in return. Nevertheless, he played an important role in finding words to describe Wilbur and in retrieving Charlotte egg sac.Lamb – He is an insensitive Lamb who refused to play with Wilbur and continued to humiliate him by belittling Wilbur saying that pigs mean less than nothing to him. Goose – He likes to tell Wilbur what he should do which most often sends Wilbur into ruble. She is a great mother to her kids and suspicious of the intents of Templeton, so she never lets him near her young ones. Gander – He is the partner of Goose, who like her is also protective of his children. He is brave and strong but quite into violence wh en it comes to Templeton and his goslings. Uncle – He is the large spring pig who competed with Wilbur in the County Fair. He also received a medal for his big size. Joy, Arena and Nellie – They are some of the children Of Charlotte from its egg sac. These spiders are the ones that stay with Wilbur on the barn and became friends with him. Lot Exposition: A new litter of piglets is born on Mr.. Rabble's farm, however one of them is a runt which is deemed to small and weak to be kept on a farm. Fern, the daughter of Mr.. Arable, pleads his father to let the pig live and let her keep it as a pet. Mr..Arable, who loves her daughter so much, gave in to the wish of his daughter and spared the pig. Fern was able to keep his pet, which she named Wilbur, for a few weeks until it was sold to his uncle, Mr.. Homer Ackerman, for six dollars. Rising Action: Although Wilbur felt lonely upon leaving Fern, he soon adjusted in the farm ND made some friends, especially Charlotte whom he mostly depends on. Fern, despite selling Wilbur to his uncle, still cares for the pig and visits him often. Fern, like Wilbur, also made some friends and even listens to their stories.Wilbur became very happy and carefree. He was constantly taken care of and fed slops that he wanted. Until, one day, he received a news. Climax: The lamb then tells Wilbur that Mr.. Ackerman is fattening him up for Christmas dinner. Much to Wilbur dismay, he will soon be brought to the slaughterhouse. This news cause distraught to Wilbur who is already so pappy in the barn and does not want to end up killed for Christmas. Falling Action: Charlotte then assured that she, together with some of their friends, will do anything to save Wilbur.She then weave words into her web, describing Wilbur greatest qualities and praises to him such as â€Å"SOME PIG! ,† ‘TERRIFIC,† â€Å"RADIANT' and so on. This gained attention from people all over the county, which made Mr.. Ackerman rethink of w hether Wilbur should still be brought to the slaughterhouse. Mr.. Ackerman then promised that if Wilbur wins the blue ribbon in the County Fair, he would never be turned into a ham for Christmas. Charlotte became worn out due to this work but still decided to go to the County Fair and help Wilbur win the contest.She then weaves the last word for Wilbur and then goes to work on her egg sac which will hold over five hundred eggs. Resolution: Wilbur anxiously waited to see who won the prize. Unfortunately, his rival, uncle, won the blue ribbon for being the biggest pig. But to everyone's surprise, Wilbur received a special prize for being a terrific and radiant pig! Unfortunately, Charlotte reached the end of her life span and was not able to be with Wilbur after his triumph nor see her children grow. As a sign of irritated for everything that Charlotte did for Wilbur, he vowed to take care of her children.To honor Charlotte, Wilbur hangs his medal on the nail in the doorway where Char lotte web used to be. When the egg sac hatched, most of the new born spiders flew away to find their own homes, but three of them, Joy, Arena and Nellie, stayed on the barn with Wilbur. Wilbur became good friends with them, much to his delight. Year after year new spiders are born to replace the old one but no one was able to match and replace Charlotte in Wilbur heart. Us Mary One morning at the breakfast table, eight year Old Fern sees her father leave he house With an axe and asks her mother where he's going.Her mother delivers the shocking news that Mr.. Arable is going out to kill a runt that was born the night before. Fern chases her father down and persuades him to spare the runt, telling him that it is unjust to kill a piglet just because it is small. Moved by his daughter's plea, Mr.. Arable decides to give the runt to her to look after. Fern names the piglet Wilbur and looks after him like a baby, pushing him in her pram alongside her doll and feeding him with a bottle. At five weeks old Mr.. Arable insists that Wilbur is sold and he goes to live in theAckerman barn down the road. Wilbur initially struggles at the barn because he misses Fern so much but soon he becomes acquainted with new friends, the best of whom is a lady grey spider called Charlotte. Wilbur is fascinated by Charlotte, although to begin with he is slightly suspicious of the way she catches her food – he doesn't like the idea that she spins bugs in her web and sucks their blood. He soon realizes that Charlotte is everything but cruel and bloodthirsty and that her method of eating is entirely necessary for a spider.Wilbur is complete happy during the summer days – Fern comes to visit and is new friend tells him exciting stories and has the patience to try and coach him about how to spin a web (although she knows fine well he will never be able to) but one day he gets some terrible news that puts an end to his carefree attitude. The sheep tells Wilbur that Mr.. Ackerman is fattening him up for Christmas dinner and Wilbur is distraught – he is so happy on the farm and doesn't want to die. Charlotte calms him down and promises him that she won't let him be killed. She hasn't worked out how to save him yet, but she is determined that she will.One morning as Curvy pours Wilbur slops, e notices Charlotte twinkling spider web in the morning fog. The words ‘SOME PIG' have been weaved into the web. Luray is gob smacked and utters a prayer. He quickly tells Mr.. Ackerman who is equally amazed and soon the news spreads near and far. Worried that people may be getting bored of ‘SOME PIG', Charlotte asks Templeton the rat to aid her in finding more words to write in her web. Knowing that if Wilbur is killed he won't have access to his slops, Templeton reluctantly scavenges for newspaper clippings to help Charlotte.The next word she writes is ‘TERRIFIC' and after that, ‘RADIANT. ‘ Meanwhile, Mrs.. Arable is concerned that Fe rn is spending too much time down at the barn and becomes even more alarmed when her daughter tells her about Charlotte and the stories Charlotte tells. Mrs.. Arable decides to go and see Dry. Dorian to ask him what he makes Of Fern thinking the animals can talk and what he makes of the mysterious writing in the web. Dry Dorian is very calm and rational and says that the real miracle is not the writing in the web but the fact that a spider instinctively knows how to build a web without any tuition.He says that it is quite possible that animals can talk and that the season that adults cannot hear them might be because they talk too much to hear what is going on in nature. With the news of Seersucker's famous pig spreading, the Ackermann and Arable decide to take Wilbur to the County Fair. Charlotte agrees to go too although she is feeling tired and soon has to build a sac to hold her eggs. At the fair, Charlotte is disappointed to see that beside Wilbur pen is a much larger spring pi g called Uncle. Knowing he is fierce competition, Charlotte decides to spin another web and once again Templeton is sent off to find a word.The adults and children enjoy homeless at the fair and Avery and Fern are particularly excited that they are allowed to go off without their parents all afternoon. Fern spends all afternoon with Henry Fussy and they go on the Ferris wheel together. For months after, Fern will look back nostalgically at her time on the Ferris wheel with Henry. Before nightfall Charlotte weaves her web with the new word ‘HUMBLE' written into it and throughout the night she makes her egg sac. In the morning the Ackermann and Arable See the web but they also notice that uncle has a blue tag on his pen – he has already won first prize.Mr. Ackerman ignores the tag and tells everyone to buck up and give Wilbur a buttermilk bath. Everyone who comes to Wilbur pen has something good to say about him. Suddenly, over the loudspeaker a voice is heard asking Acke rman to bring his famous pig to the judges' booth for a special award. Wilbur is awarded a medal for being phenomenal and completely out of the ordinary and Mr.. Ackerman is given $25. Since the writing first appeared in the web, the miracle has been on everyone's mind. After the press photos and the commotion, Wilbur is returned to his pen. Wilbur notices thatCharlotte is quiet and looks unwell. She tells him that she is content now that she knows he is safe – she knows Mr.. Ackerman will never harm him now, but she tells Wilbur that she is failing and will be dead in a day or two. Panicked and distraught Wilbur races around the pen, begging Charlotte to come home with him, but she hasn't enough energy to move. Wilbur decides to take Charlotte egg sac and promises Templeton first choice of his slops if he retrieves the sac. As Wilbur carries the sac in his mouth and is led into the crate, he winks at Charlotte and she musters all the energy she can to wave dobby.

Foster Care Essay - 852 Words

Foster Care System Many people, sometimes, identify foster care as an unsuccessful attempt to help a problematic child. Many people judge foster children because the children have had unacceptable parenting, or other events in their lives that affect their behavior. There are some people whose thinking process about the foster child will turn out the same exact way as their parents. Foster care has its good benefits, as well as its bad ones. People may say foster care is a bad things because it affects the child emotional and possibly physically. The child may start to develop an act of abandonment, doubtfulness, and lack of self ­confidence, due to the fact he/she is being taken away from his/her mother/father or have been through a†¦show more content†¦Although the option of getting his/her child back home is a good one, some parents do not like to recover, so that leaves the option of adoption. The thought of adoption has generally given the natural parent motivation to want to bring his/ her child back home (Fein, 156). The reason why parents get motivated is due to the fact of the thought of losing his/her child. I know if I was a parent and had my child in foster care, that I would do anything and everything to get my child back. People get this thought and they think about what they can change even if it has to do with sacrifices, and they change their life around for their daughter/son. Also with adoption, it â€Å"can provide a permanent home for a child† (Fein, 156). While having a permanent home to live in also helps the child with adversity. https://pwc.pearsoncmg.com/pwc-ui/feedback.html?sids=urn:udson:pearson.com/xl/highered:user/39485651 1/2 11/10/2017 Pearson Writing Center - Student Content People face adversity every day, and the main things behind that are having someone to help the child get through it. 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