Despite Proctors Essay

Another character introduced in Act two is Mary Warren. She is extremely important to the Act as she is what makes the connection between village life and the sentencing that is happening at the courts, and with the proctor household. She is the one who tells us that there have been thirty-nine arrests. When she first arrives in Act two we find that she has defied the orders of John and Elizabeth by going to the court. When told that she must not return she rebels using the excuse â€Å"I am an official of the court†. This is a fine example of how the hysteria of witchcraft has affected the everyday life in the community of Salem. Mary is a servant within the proctor household; she is paid nine pounds a year to ‘keep the house’. She is not in a position to rebel against the word of Elizabeth or John, and under normal circumstances would not do so. We know that this is peculiar behaviour because of Elizabeth’s reply to Proctor, when asked why she had let Mary go to the court. Elizabeth says ‘She frightened all my strength away †¦ I forbid her to go, and she raises up her chin like the daughter of a prince and says to me, ‘I must go to Salem, Goody Proctor’. It is clear to us now just how much the affair between Proctor and Abigail influences the current events and the events that are to follow. Mary also plays another role within Act two; she portrays to us the amount of hate that Abigail holds for Elizabeth. When she reveals that she saved the life of Elizabeth in court, as her name had been mentioned among the accused. ‘I saved her life today’. She refuses to say by whom, ‘I am bound by law, I cannot tell’ but it is obvious to the reader and to Elizabeth that Abigail Williams is the accuser. This shows Abigail’s malicious hate as by accusing Elizabeth she is striving towards an eventual execution. Elizabeth who is a smart woman anticipates this intense hate long before she discovers she has been accused and she says to John referring to Abigail ‘and thinks to kill me, then to take my place’. Another reason that proves Mary’s importance to Act two is that she illustrates to us the extremity of power that Abigail and the girls have. Throughout Act two Mary’s speech and stage directions imply a weak and feeble character. ‘With a trembling decaying voice’ ‘she has been edging towards offstage’. It is apparent that she is constantly subject to the bullying of Proctor and that she gives into his bullying one hundred percent of the time. Yet in the last few pages of Act Two, Proctor, using violence is trying to persuade Mary to testify in court against Abigail to save his wife. Despite Proctors violent advances ‘grasping her by the throat as though he would strangle her’ Mary sobs ‘I cannot, I cannot’. This shows Mary’s new changed belief that Abigail and the girls are more powerful and fearful than the man she has worked for and feared for so long. This event also marks the start of the loss of power John Proctor suffers from throughout the rest of the play. ‘The Crucible’ plays host to many themes. The theme of tyranny (when a situation or person controls how you are able to live in an unfair way) is shown mainly by Abigail’s power over the girls, and their power over the people of Salem. By confessing to witchcraft, and publicly announcing their sudden devotion to God, and desperation to do his will, they give themselves great power over society. Abigail’s word becomes unassailable as does the word of the other girls. With this power they were able to control the rest of the Salem by fear. Another way in which Tyranny is shown is Proctors initial control over Mary. As she enters the scene she is greeted by Proctor with the words ‘I’ll whip you if you dare leave this house again’. Mary is undoubtedly afraid of Proctor as he appears an extremely violent man to her. At the end of the Act Proctor uses violence yet again to get his own way, we know from Act three that she eventually does go to the court and testify. Another theme that is apparent in Arthur Millers ‘The Crucible’ is fear. Every character in ‘The Crucible’ is subjected to fear at some point within the story line, not just those who are accused. Those who are not accused fear that the sins of their friends and associates may taint their names and cause them to be found guilty of witchcraft: A key example of this is Parris’s fear that the actions of Abigail and the rumours of witchcraft that surround his daughters coma will cost him his title as reverend. Those who are accused must face the fear, of being hung, they must also decide whether their fear of being hung, is greater than their fear of breaking one of the Ten Commandments by lying to save themselves. The different characters show their fear in various ways; the most interesting would be Proctor, whose fear is not for himself but for his wife. This differs from the fear of Francis Nurse and Giles Corey who’s wives are also accused, as Proctor is having to balance the fear of the death of his wife, with the fear, or more the realisation that the death of his wife could be on his hands as she stands accused because of the malicious jealousy aroused within in Abigail when he finished their affair. He is also under pressure as he knows that he can put a stop to the girls’ accusations and save his wife by blackening his own name and admitting his lechery with Abigail. Proctor expresses this pressure with his line to Mary, ‘My wife will never die for me! I will bring your guts into your mouth but that goodness will not die for me! ‘ Another character subject to fear is the wife of John Proctor, Elizabeth. Elizabeth fears for her relation with John. Though they love each other very much their relationship has been scarred by the affair between Abigail and Proctor. She like Mary is also frightened of the power that Abigail possesses. As she knows that it is enough to condemn her to death. When she is taken by Cheever and Herrick we know she is scared as John says to her ‘Fear nothing Elizabeth. ‘ and her next line is said (as indicated by stage direction) ‘with great fear’. Another character who is apparent to fear is Mary. From the moment she enters the scene she is subject to fear. First the fear of John as he violently question’s her and makes to whip her ‘I’ll whip the devil out of you’. Next the fear of incriminating herself or Elizabeth when Cheever and Herrick turn up at the house and she is called downstairs for questioning, and finally when she is once again being bullied by proctor to testify in court: here she is not only scared of Proctor but of what the girls and Abigail will do if she does turn on them. ‘(in terror): I cannot, they’ll turn on me’

Morality and Law

We begin this essay with a word about freedom- it is cherished by those who possess it and yearned for by those who have yet to experience it.   Nonetheless, freedom carries with it a high level of responsibility- perhaps not only to follow the letter of the law, but also to pursue one’s freedom with some level of civility or morality.   Therein lies the paradox- where should the line, if any, be drawn between morality and law.   In this essay, several controversial topics which toe the line between legality and morality will be presented and discussed in the hopes of drawing some valid conclusions about this issue.DrugsIf it is safe to say that legally prescribed and utilized drugs are accepted by all but the most staunch of religious zealots, it is also safe to say that illegally prescribed drugs, street drugs and the abuse of any drug is considered immoral, but not by all.   In some parts of the world, certain drugs that would land someone in jail in other nations a re legally and socially accepted.  Ã‚   This fact in itself brings to light an interesting perspective on the issue of morality and law- how closely related is law and morality?In the case of drugs, the relationship seems to be somewhat disjointed in some instances, because illegal drugs are quite literally one of the largest industries in the â€Å"civilized world†.   This can be interpreted as proof that everything that is illegal is not necessarily viewed as immoral as well as a clear example of the dynamic between the expression of freedom and the violation of the rights of others, for any freedom, if it harms innocent people through its exercise, needs to be reevaluated for the common good (Peach, 2002).AlcoholWhen speaking of alcohol, the very topic is in itself enigmatic; for all intents and purposes, alcohol can be classified as a drug because of its ability to alter the senses, distort perceptions, and attract the abuser into a spiral of addiction.   However, i t is considered by the vast majority of the world to be a legal drug, which is to say that it is legal for those of established age to buy, sell, and use alcohol.When left to one’s own devices, the use, purchase or sale of alcohol can be illegal; for example, the operation of motor vehicles while under the influence of alcohol is illegal, as is the sale/purchase of it to/by underage or visibly impaired individuals. Additionally, any use of alcohol is considered morally wrong by many religious/ethical groups.   Therefore, in alcohol, we see the embodiment of the morality/legality argument- some things are legal in some cases, illegal in others, but also reviled in many circles in any circumstance (Peach, 2002).ProstitutionRegarded as the world’s oldest profession, prostitution in one form or another has existed since there has been something of value for which one human being could offer sexual favors to another.   In the 21st century, we see a world where prostitut ion is legal in some nations/parts of nations, and illegal in others.   In the nations where it is legal, it would be assumed that this is so due to the moral tolerance of the masses to allow such a practice.   In a nation like the United States, where very few states allow prostitution, a moral divide exists between advocates and opponents.   Therefore, an interesting point emerges- the possibility that in many cases, societal norms dictate the letter of the law.   When the majority opposes or supports something, or takes no action either way, laws, it can be said, reflect the will of the majority itself (Peach, 2002). Pornography Pornography is yet another illustration of the will of the people to dictate the law, but with a twist- very few people publicly support pornography as something which is good for the general society, yet it is allowed to exist as something legal in many jurisdictions as long as certain universal rules are not violated, such as the use of children in pornography, abuse of innocent victims, etc.In this instance, it is likely that the tolerance of pornography as something legal, yet immoral has as much to do with the pursuit of money on the part of those who benefit financially from pornography as it does with the prurient interests of the public at large.   People who wish to have something immoral because they like it are often times more prone to ignore the bigger picture of the detriment to society that something like pornography represents. Domestic ViolenceViolence against one’s own family members is illegal/immoral in some societies, and not in others- why is this so?   The main reason is associated with religious beliefs.   In theocratic nations, where religious leaders dictate policy and law, there are those cases where the abuse of a wife by a husband, for example, is tolerated if the husband feels it necessary, whereas the abuse of children is almost universally reviled (Peach, 2002).   An interesting point emerges in this situation- the power of morality in some cases to shape the word of law.ConclusionIn this essay, we have seen that morality and law are in some cases exclusive of each other, related in others.   Still further, each of these in some situations can overpower the other due to societal norms, religion, etc.   Whatever the case, in conclusion, one point has become abundantly clear based upon this research- morality cannot always be legislated, nor will morality always make the best laws.   Perhaps the issue of freedom, which began the essay, is a fitting final word- without freedom, the human race suffers, but with it, suffering can also become rampant.   It is the responsibility of the people of the world to exercise freedom-with restraint.ReferencesPeach, L. (2002). Legislating Morality: Pluralism and Religious Identity in Lawmaking. NewYork: Oxford University Press.

Advertising and Marketing Research

Market research is any organized effort to gather information about markets or customers. It is a very important component of business strategy. [1] The term is commonly interchanged with marketing research; however, expert practitioners may wish to draw a distinction, in that marketing research is concerned specifically about marketing processes, while market research is concerned specifically with markets. [2] Market Research is the key factor to get advantage over competitors. Market research provides important information to identify and analyze the market need, market size and competition. Market research,as defined by the ICC/ESOMAR International Code on Market and Social Research, includes social and opinion research, [and] is the systematic gathering and interpretation of information about individuals or organizations using statistical and analytical methods and techniques of the applied social sciences to gain insight or support decision making. [3] Market Research is a systematic, objective collection and analysis of data about a particular target market, competition, and/or environment. It always incorporates some form of data collection whether it be secondary research (often referred to as desk research) or primary research which is collected direct from a respondent. The purpose of any market research project is to achieve an increased understanding of the subject matter. With markets throughout the world becoming increasingly more competitive, market research is now on the agenda of many organisations, whether they be large or small. The Market Research Process To conduct market research, organisations may decide to undertake the project themselves (some through a marketing research department) or they might choose to commission it via a market research agency or consultancy. Whichever, before undertaking any research project, it is crucial to define the research objectives i. e. what are you trying to achieve from the research? and what do you need to know? After considering the objectives, Market Researchers can utilise many types of research techniques and methodologies to capture the data that they require. All of the available methodologies either collect quantitative or qualitative information. The use of each very much depends on the research objectives but many believe that results are most useful when the two methods are combined. Quantitative Research Quantitative research is numerically oriented, requires significant attention to the measurement of market phenomena and often involves statistical analysis. For example, a bank might ask its customers to rate its overall service as either excellent, good, poor or very poor. This will provide quantitative information that can be analysed statistically. The main rule with quantitative research is that every respondent is asked the same series of questions. The approach is very structured and normally involves large numbers of interviews/questionnaires. Perhaps the most common quantitative technique is the ‘market research survey’. These are basically projects that involve the collection of data from multiple cases – such as consumers or a set of products. Quantitative surveys can be conducted by using post (self-completion), face-to-face (in-street or in-home), telephone, email or web techniques. The questionnaire is one of the more common tools for collecting data from a survey, but it is only one of a wide ranging set of data collection aids. Qualitative Research Qualitative research provides an understanding of how or why things are as they are. For example, a Market Researcher may stop a consumer who has purchased a particular type of bread and ask him or her why that type of bread was chosen. Unlike quantitative research there are no fixed set of questions but, instead, a topic guide (or discussion guide) is used to explore various issues in-depth. The discussion between the interviewer (or moderator) and the respondent is largely determined by the respondents' own thoughts and feelings. As with quantitative techniques, there are also various types of qualitative methodologies. Research of this sort is mostly done face-to-face. One of the best-known techniques is market research group discussions (or focus groups). These are usually made up of 6 to 8 targeted respondents, a research moderator whose role is to ask the required questions, draw out answers, and encourage discussion, and an observation area usually behind one way mirrors, and video and/or audio taping facilities. In addition, qualitative research can also be conducted on a ‘one on one’ basis i. e. an in-depth interview with a trained executive interviewer and one respondent, a paired depth (two respondents), a triad (three respondents) and a mini group discussion (4-5 respondents).

The Pursuit of a MBA Essay Example | Topics and Well Written Essays - 750 words

The Pursuit of a MBA - Essay Example In his book ‘Managers Not MBAs’, Henry Mintzberg (2004) mentioned that, despite the fact that the MBA is regarded as the ‘education for management’, it actually prepares the ‘wrong people in the wrong ways with the wrong consequences’. One of the major reasons for such criticisms is that the MBA programme gives too much of importance on the management theories while ignoring the need to develop the practical expertise. This leads to an imbalance in the supply and demand of proficient managers in the context of real scenario, opposed to theoretical knowledge. Pfeffer & Fong (2002) questioned the lack of repositioning of the MBA model over the years and discussed that a number of interpersonal and social skills required in the current corporate world cannot be developed through an MBA programme. The authors stated that the fact that the individuals graduating from the most elite MBA programs realized the maximum salary packages is due to the fact that these individuals were chosen by their institutes on the foundation of their competences and qualifications which were way better than the average. Thus, it could be inferred that the personal characteristics of the candidates are more important than what is being taught in the MBA programme. This explanation is consistent with the verity that the curricula of majority of the MBA programmes and the course books utilized are extremely analogous across business schools of different statures. Thus, it can be concluded that there are no significant distinctions in the knowledge being imparted in the different MBA programmes. Nonetheless, the individuals undertaking MBA generally benefit in terms of both intrinsic as well as extrinsic aspects of career development and success. A few of the aspects enhanced by taking up an MBA are confidence, credibility, social status and remuneration among others. The MBA degree prepares the candidates with a perceptive of the variety and miscellan y that they would gradually deal with in their place of work. This enables the individuals to discover the principles, values and conducts suitable for that environment. Moreover, MBA degree is believed to develop the skills necessary in the process of information investigation, interpretation of data as well as the proficiency in taking up new endeavors. Furthermore, the MBA programme also enhances the presentation as well as negotiation ability and the social interaction capability of an individual. The MBA classrooms are the sites of vigorous discussion and arguments amongst the students; the involvement of individuals in such a vibrant atmosphere reinforces their aptitude to investigate, converse, convince, and reach agreement while integrating diverse viewpoints. Thus, on the whole, the MBA programme is linked with attributes for swift career progression. Sturges & Et. Al. (2003) identified that the major result of the MBA programme in addition to enhanced self-assurance, was t he evolution of the ‘knowing why’ and the ‘knowing how’ career proficiencies in the candidates, which are highly esteemed in the management world. In the assessment of changes in terms of management role and function as well as income levels of individuals prior and post their MBA degree,

Female genital mutilation Research Proposal Example | Topics and Well Written Essays - 1500 words - 2

Female genital mutilation - Research Proposal Example Free trade offers important benefits to improve the overall economic conditions of rich and poor countries as well as serving as an important deterrent for war. On the other hand, free trade policy does not work very effectively when the participating members do not cooperate with each other and comply with the policy accordingly. Furthermore, free trade forces some countries to depend economically on others, on essential commodities such as raw materials and food, which is very detrimental especially during the times of war. Other negative effects of free trade include cutthroat competition and dumping, among many others. Despite these impediments, this paper argues that free trade spurs globalization and international trade, which in effect brings nations together and hence preventing them from resulting into war. Globalization has emerged as one of the most important forces of change in the recent times. What started as an economic move to open the borders and allow free trade has now made inroads into other fabrics of the society. Additionally, changes are being observed at socio-political level where smaller and developing countries are transitioning towards democracy and improved economic performance. Normally, governments often impose trade restrictions such as quotas, tariffs and other barriers that make it relatively difficult for other countries to actually trade with each other. Despite this barrier, free trade has emerged from the drive towards globalization, which is sweeping across even the fundamental structures of the society. As a result of this drive towards the free trade, many nations including China and India benefits from open economies. Since developing countries are essential providers of raw material and also possess cheap labor, the overall benefit is perceived as being transferred to poor nations.

Exemplification Essay, Kozol, Zinsser, and MacFarquhar Essay

Exemplification , Kozol, Zinsser, and MacFarquhar - Essay Example In my teens, I helped unearth mysteries and solve crimes with the Hardy Boys and Nancy Drew. Later on, I sat in the courtroom and watched Atticus Finch deliver a riveting closing argument in defense of Tom Robinson in Harper Lee’s To Kill a Mockingbird. Recently, through Freakonomics by Steven Levitt, I learned that what passes for conventional wisdom in the society is not necessarily truth. This reading albeit for fun was quite instrumental in laying a foundation for more serious academic work as well as arming me with knowledge that helped me make sense of the various issues I encountered in life. Having profited from the knowledge I gained, I second Mark Twain in his classic assertion that he who cannot read good books has no advantage over him who cannot read at all. College students today are more concerned with grades than they are with acquiring knowledge. Students have realized the importance of having good papers in order to succeed in the outside world. They therefore endeavor to ensure that the grades they get are spick and span, which is often in great detriment to the knowledge gained in the courses that they pursue. As a result, untold hundreds of students roll out of campus half-baked but with excellent grades at which most employers cannot help but marvel. Zinssner quotes a fellow professor who bemoaned that in previous years, the key question he would get from students was on how they could make a difference in the world. However, over the years, this question changed to the kind of subject combinations that would be favorable to enable one to pursue a particular kind of course. Such students almost certainly end up not benefiting the society one single bit since all they did was to cram for the sake of passing an exam. He further highlights such problems by pointing out to students pursuing reputable courses such as

Implemenattion of Human Resource Management Practices in Eagle Hill Sc Essay

Implemenattion of Human Resource Management Practices in Eagle Hill School - Essay Example The strategic human resource management practices that can be used in Eagle hill school are staff recruitment, employee training and development and employee compensation. Staff recruitment is the act of getting new people to work for an organization, company or an institution either on a contract basis or on a permanent basis. It incorporates the search for employees, interviewing of the employees and allocating them jobs. It is important for Eagle hill school to recruit new staff to boost their service delivery to the public. In addition, recruitment helps to replace retired employees, dead employees, sacked employees or those employees that have gotten new jobs in different places (Whitmore 2002). In order to employ new staff, the human resource management in Eagle hill school should ensure that the proper steps and stages are followed. These steps include; job advertisement, reception and analysis of applications, shortlisting of candidates and attending of interviews. Job advertisement is a vital step in the recruitment process by any institution. This is because advertisements are meant to inform the public of the availability of a certain job offer. In order to reach the correct target people, the Eagle hill school should decide on the medium of advertisements. This can be in form of print media, radio, notices, cards etc (Gamble 2010). In the adverts, the institution must specify the type of people required and the qualifications. For instance, Eagle school can advertise for employees with knowledge in training in the disability sector. Apart from the academic qualifications, Eagle hill school should include special qualities and traits that the applicants must possess (Jones 2007). The adverts should also include the dates for submission of the request. After the deadline for submission, the received  documents are to be analyzed.  

Flexible deterrent option Essay Example | Topics and Well Written Essays - 2000 words

Flexible deterrent option - Essay Example FDO is therefore a more collective and integrated approach than other military actions. In this essay therefore, an existing flexible deterrent option is scrutinized by use of initial force analysis to understudy how the FDO increases defense support to the key determinants of FDO mentioned above. The emphasis of deterrence is a Task Force to deter Ahurastani aggression from aggravating. Initial Force Analysis for a Flexible Deterrent Option Capabilities needed to accomplish the specified key tasks For the flexible deterrent option to be successfully executed, there are key capabilities that must be accomplished for each key specific task. An important aspect of the flexible deterrent option is that even though the flexible deterrent option (FDO) has an aim of securing Nakhchivan airfield to facilitate force and sustainment flow into the entire Nakhchivan region, this aim would be seen as a collective goal that cannot be achieved by performing only one task. Once this happens, the FD O becomes an event rather than a process. The aim can therefore be broken down into specific objectives, which are each backed by a specific key task. The collective achievement of the tasks then represents the achievement of the aim3. ... These are sustainable competence, guidance, energy and materials (engagement), combat readiness, information acquisition and processing, environment (knowledge), systems and modeling (maneuver), and force structure. Because of the interrelated nature of the mission of the FDO, these capabilities will be treated as related components of the mission rather than individual capabilities that apportioned forces must exhibit. Resources in apportioned forces There are three major apportioned forces, which are army, air force and navy. Among each of these forces, it is expected that all six capabilities identified above will be exhibited. But in order to make this possible, it is expected that certain resources that enhance the development of the capabilities will be in place. This is particularly necessary as the capabilities cannot be acquired or learned on an independent basis in the absent of resources. Currently, within the army, it is noted that there is an existence of huge problems w ith training, equipping and motivation for soldiers. Meanwhile for capability such as sustainable competence to take place, it is important that soldiers receive training on a constant basis so that their competences can be guaranteed and sustained. The same argument about training is true if capabilities like engagement, combat readiness, knowledge and maneuver can all be acquired4. For the capability of knowledge, which deals with information acquisition and processing to take place, it is expected that the army will be well equipped in the delivery of its duties. A similar case can be made for force structure, sustainable competence and combat readiness, which are all capabilities that cannot be guaranteed in the absence of motivation for soldiers.

Emergency room Assignment Example | Topics and Well Written Essays - 250 words

Emergency room - Assignment Example In most cases nurse in the in-patient units do not work during irregular hours (Burgess, 2014). In the ER, documentation focuses on addressing acute symptoms through use of ICD-10-CM codes. This is different from documentation that is used in the in-patient setting since it does not involve coding. In the in-patient unit documentation is done in paper format or electronically but without coding (Burgess, 2014). In the ER, there are several legal issues involved. One of them is determination of how emergent a situation is for the patient since some situations can be deceiving and accurate decisions have to be made. Another common legal issue is ensuring that patients are screened and treated appropriately while keeping them informed of the treatment being given. The legal issues arising from in-patient unit are less compared to the ER. The patients in in-patient unit need to have informed consent of the treatment they receive (Burgess, 2014). Safety and privacy of the patient can be maintained by ensuring that there is always a technician to help the patient at any given time and that there is no displayed information on the patient that other people can see. The client can also be provided privacy through use of curtains to cover his bed area. Through use of curtains around his bed area, only restricted people can intrude his personal space. The protocols related to communication include ensuring protection of the information that the patient gives for purposes of medical records. Such information should be treated with a lot of privacy and should be secured. The technicians should not share a patient’s information by any chance and should ensure that the patient is aware of the results (Burgess, 2014). In such a situation, the nurses and physicians are allowed to carry out the procedure on the patient without any consent to save his or her life. The patient will then be told about the procedures carried out when he is conscious and can

Introduction to mi'kmaq Essay Example | Topics and Well Written Essays - 2750 words

Introduction to mi'kmaq - Essay Example The Mi’kmaq was semi nomadic. The animals that were mostly hunted by Mi’kmaq were moose, rabbit, porcupine, and deer among animals. They preferred hunting moose since it was used as clothing. The skin was dried and was worn as clothing garment, the community used the meat as their daily food, and bones were used to make tools like forks and other household tools. The weapons that were used for hunting by Mi’kmaq was bow and arrow, hunting was the major activity of the community and was taught to young men up to their adulthood. Porcupines that were hunted by the men were important to the women since the quills were used as decorative beadwork and this was done by women. Mi’kmaq used to fish while others would go to the forest to hunt to make a supplement of their food. The community ate all kinds of fish such as lobster, shellfish, and salmon among others. When there was plenty to store they used to store in the ground for later consumption. In 1600s, Europe was ruled by ruthless noblemen who believed in terror attacks to their fellow citizens, the societies believed on establishment of class of people and the classes were allocated status since they were regarded as the king of the communities, the minority district or tribe had to give respect to the high class of people. The establishment of class system led to introduction of poor people, rich people debtor’s prisons and even insane group of people. The civilians were oppressed by a group of high class people and insecurity was the order of the day since people killed one another without fear. The community was based on Christianity doctrine but the people had no respect to their creator but greed and other evil things were the one given respect. Mi’kmaq leaders were known as great people since they had the ability to speak to the society and be able to convince them and influence

Leadership Essay Example | Topics and Well Written Essays - 3000 words - 1

Leadership - Essay Example Overview of leadership context Leaders of today are important people in the decision-making process in order for an organization to function the fastest speed possible and compete effectively with its peers (Morrison, 2000). The quality of a leader can make or break an organization hence people should be very careful when searching for leaders in their organization (Carpenter, 2007). Kelly (2013) argues that top performing leaders are very creative and innovative and can be 13 times more likely to outperform their competitors in a fair competition. This is because they are very innovative and are more likely to devise ways and produce quality goods and services than their counterparts hence achieve satisfying financial indicators. Organizations that portray poor leadership quality always lag behind from their competitors leading to losses and lack of development. According to Eriksen (2009), leadership quality does not just affect the bottom line; it affects the employee retention an d engagement thus resulting to more competitiveness of a business. He further adds that organizations with higher quality leadership are likely to retain employees than their competition due to high understanding and respect they accord their workers. This is profitable for the business since there is a link between engagement and the retention of employees in the overall performance of the business. Passionate leadership are those who full energy to their works thus proactively makes value hence act with a sense of leadership required to move the organization forward (Masculli, 2011). A passionate leader is a very important person to the organization since they can easily inspire good work and performance from his followers. Quality of leadership and passion in leadership goes hand in hand and thus cannot be easily avoided separated in the context of a business (Story, 2004). Given the gravity and role that leaders play in these highly competitive environments, the leaders who can fully meet the needs of the organization are hard to find. The Human Resource professionals are the one who has expressed highest concern for the quality of leadership in their organizations they has a direct impact in their operations (Leslie et al, 2002). The majority of the HR professionals interviewed showed lack of confidence with their leaders with a mere 25% showing confidence and trust in the ability of their leaders. This means that majority of the organizations are missing a great opportunity in having a potent kind of leadership they require to propel them forward. Organizations experience various types of leadership in different capacities and the higher the level of leadership the more expectation required from him in terms of accountability and development qualities. On the global scope and in respect to HR professionals, leadership quality is rated highest in North America and lowest in Europe and Asia (Leslie et al, 2002). The recession of 2008/9 exposed most organiz ations and the quality of leadership they had due to the nature of their reactions in combating the effects of the global credit crunch as many of them were guilty of losing focus on talents. The fear of losing talents is making most of the organizations to fear losing employees for the future development of the organizations (Carter and Greer, 2013). Quality of leade

Metaphysics & Epistemology Paper Essay Example for Free

Metaphysics Epistemology Paper Essay G. E. Moore’s main contributions to philosophy were in the areas of metaphysics, epistemology, ethics, and philosophical methodology. In epistemology, Moore is remembered as a stalwart defender of commonsense realism. Rejecting skepticism on the one hand, and, on the other, metaphysical theories that would invalidate the commonsense beliefs of â€Å"ordinary people† (non-philosophers), Moore articulated three different versions of a commonsense- realist epistemology over the course of his career. According to data I researched Moore’s epistemological interest also motivated much of his metaphysical work, which to a large extent was focused on the ontology of cognition. In this regard, Moore was an important voice in the discussion of sense-data that dominated Anglo- American epistemology in the early twentieth century. In ethics, Moore is famous for driving home the difference between moral and non-moral properties, which he cashed-out in terms of the non-natural and the natural. Moore’s classification of the moral as non-natural was to be one of the hinges upon which moral philosophy in the Anglo- American academy turned until roughly 1960. Moore’s approach to philosophizing involved focusing on narrow problems and avoiding grand synthesis. His method was to scrutinize the meanings of the key terms in which philosophers expressed themselves while maintaining an implicit commitment to the ideals of clarity, rigor, and argumentation. This aspect of his philosophical style was sufficiently novel and conspicuous that many saw it as an innovation in philosophical methodology. Moore is widely acknowledged as a founder of analytic philosophy, the kind of philosophy that has dominated the academy in Britain and the United States since roughly the 1930s. Moore also had a significant influence outside the academic philosophy, through his contacts in the Cambridge Apostles and the Bloomsbury group. In both academic spheres, Moore’s influence was due in no small part to his exceptional personality and moral character. One of the most important parts of Moores philosophical development was his break from the idealism that dominated British philosophy (as represented in the works of his former teachers F. H. Bradley and John McTaggart), and his defense of what he regarded as a common sense form of realism. In his 1925 essay A Defense of Common Sense, he argued against idealism and skepticism toward the external world on the grounds that they could not give reasons to accept their metaphysical premises that were more plausible than the reasons we have to accept the common sense claims about our knowledge of the world that skeptics and idealists must deny. He famously put the point into dramatic relief with his 1939 essay Proof of an External World, in which he gave a common sense argument against skepticism by raising his right hand and saying Here is one hand, and then raising his left and saying And here is another, then concluding that there are at least two external objects in the world, and therefore that he knows (by this argument) that an external world exists. Not surprisingly, not everyone inclined to skeptical doubts found Moores method of argument entirely convincing; Moore, however, defends his argument on the grounds that skeptical arguments seem invariably to require an appeal to philosophical intuitions that we have considerably less reason to accept than we have for the common sense claims that they supposedly refute.

Managing Information system in Multi National Companies

Managing Information system in Multi National Companies Implementing Managing Information system in Multi National Companies (MNC) Multi National Companies: The multinational company that has its facility in other country other than native place means in different country head office in one country and branches in the other country, the head office will control the all sub branches due to the global management, with this global management the multinational companies have very large and increasing the jobs and economy of the small countries. All major multinational companies are from America, Japanese or western European like wall-mart (in U k its is known as ASDA) Coca-Cola, Honda and famous BMW, the multinational companies will say that they all are increasing the job in different countries and as well as wealth and technology also increasing in the small countries and those companies will helping to country to develop the country. http://www.investopedia.com/terms/m/multinationalcorporation.asp Multinational companies and global business: Today the global products have demands from global customers and multinational companies are realize the cost advantages in traditional input factors like labour, raw materials. Finally the multinational companies are decided to investment in the knowledge and technology on the global basis. Computer business allow the multinational companies to provide service around the world wide, now a days the global market is on boom because Example:- the product which will lunched on America, the same product will receive the Europeans with the global market the product will lunched in the Europe also for this the company growth will increase and the job vacancies also increases so indirectly the MNC will helping to country to develop and the MNC sub branches in different countries like call centres to service the customer and helping them to using the product. As the world economy continues to globalize and integrate, the imperatives for management to act in a globalized manner become more crucial. Companies must therefore rethink and reengineer their entire business processes their organizational structures, staffing, and especially their information systems and technology infrastructures on an international level. Those which fail to do this will never be able to attain or maintain a competitive edge in global market. Information System Services Structures In Multinational Companies: If there are images in this attachment, they will not be displayed.Download the original attachment Research on IS shows that alignment between IS and organisation is kost important issue. The alignment issues of IS and multinational companies (MNCs), particularly in the area of IS services in multinational environment. The factors which control this issues are ORGANISATIONAL CONTEXT SYSTEM OWNER SYSTEM GOAL DATA PEOPLE ORGANISATIONAL STRUCTURE COMPUTER SYSTEM AND ORGANISATIONAL ENVIRONMENT over the past years re-alignment and removal of national boundaries around the world has been achieved by restructuring of national economic policies by opening many routes for international trading. This solved the problems faced in IS management by introducing this issues across a number of cultural barriers. A Multinational Company (MNC) can be defined as a company that has operations in more than one domestic area, that is at least one foreign subsidiary company should exist. Compared to domestic companies the major difference in managing MNCs relates to distance, time, and variability in multinational operations. The headquarters and their subsidiaries are located in different areas and even in different time zones over the globe which affect the coordination between headquarters and subsidiaries which is further complicated to balance the subsidiaries demands for delegation of authority due to regional difference in foreign markets against headquarters demands. Multi domestic MNCs view world as a composition of number of different domestic markets, they will decentralize all decision making authority to subsidiaries. In this subsidiary can be regarded as a fully autonomous unit (Each subsidiary acts as a single entity without the need of coordination with other groups). This is referred to as decentralized MNC. Global MNCs view world as a single market, they control all the subsidiaries as a single entity and they ignore differences contingent in markets. In this decision making authorities are centralized and this form of MNC is referred as centralized MNC.As decentralization requires strong central direction, to be successful in decentralized approach it requires as much direction as centralization. Here exist an intermediate form of MNC Transnational MNCs which emphasize the tension between force for integrationand national responsiveness. In this decision making authority should be divided among the locations. It should be partly centralised at headquarters to locate corporate issues (strategic) and partlybe decentralized into subsidiaries to take care of local issues. (Operational). Is And Organisation Alignment-Is Resources Distribution: IS and organisational alignment issues is restricted to the structural alignment between IS and organisational characteristics of MNCs and is particularly focused on IS resources distribution domain. The discussion of alignment is based on fitness approach. Organisational Context: Different business strategies affect the location of decision making. Hence different degree of IS centralization / decentralization is demended to meet the needs.It is also the case that the greater level of international involvement of MNC,the greater the degree of heterogenous environment that the MNC will face. Systems Owner A view of the world that is homogenous influence top management to adopt global strategies and to produce standards products. this resultant will effect on the structuring of IS services, centralized IS is more suitable for a company with a homogenous view of world. System Goal Different IS services organization are oriented towards goals and focuses on centralized IS and tend to facilitate effeciency in use of companys resources such as data, people, resources etc.,Centralization of IS supervise information access and achieve large measure of control over supply of informatio, there fore it favours effeciency and control. Data: If Greater the degree of the data shared, the more centralized IS services should be done to reduce duplication.All the unshared data should be decentralized into subsidiary locations to enhance the sence of data. Centralization generates an environment where it is more easier to ensure data standards. People: Centralized IS structure assist in creating an attractive environment for technical staff by providing techinical IS career path. Decentralization encourages the transfer of knowledge from IS staff to users and vice versa. Different level of technology development and education infrastructures of countries means that required IS skills may not be available in all countries.suitable qualified IS staff are available in headquarter office . centralized makes it easier to carry out techinical support and decentralized IS staff can be found in subsidiary countries. Finally the salaries of IS professionals are largely dependent on economic situations of the country from where he is hired. Organizational Structure: Global organizational structure have most information processing capacity in the headquarters, where decisions are made, to pass information in the organization. organization structure have processing capacity located in the subsidiaries, where decisions are made by supporting decentralization of IS services. Computer Systems A centralized IS can assist in maintaining high level of systems security by concentrating in all resources in one site which is easier to implement various procedures . A decentralized IS can assist in maintaining a high level system reliability in different sites. so that each system can act as a backup. Required hardware and software may not be available in all countries ,which is a problem intensified by various factors. IS services should be centralized to make it easier in getting required hardware and software.IS should be decentralized to facilitate technical support and development. Organization Environment: MNCs use monopolistic power to crush competitionand to gain favourable ratingsfor investment.Government therefore , sought to exercise control over multinational corporations operating under their jurisdiction. further setting up IS services in subsidiaries will involve a huge investment from MNCs. Information systems strategies for multinational companies in Arab Gulf countries: With the emergence of an expanding inter -dependent global economy, information systems (IS) strategies need to face the challenges of internationalization. The growth of multinational business has led many corporations to support significantly high level of IS operations and IS applications development in foreign environments. By developing a conceptual framework, this paper addresses multinational companies (MNCs) IS global policy formulation and several implications for IS management issues in Arab Gulf countries (AGC). The objective is to illustrate the uniqueness of the business and IS problems confronting MNCs in AGC. Insights have been gained from examining the implications of the pertinent economic, sociopolitical, legal, and cultural variables that affect MNC IS global policy formulation. The uniqueness of the business and IS problems confronting MNCs in the AGC are illustrated. Helping MNC IS executives/professionals to understand the differences between their own environme nt and the one in which they must operate can improve their IS functions in this region. AGC native companies with IS activities can also benefit from such an analysis in managing their multinational personnel. Information systems for multinational enterprisessome factors at work in their design and implementation: Information systems for multinational companies (MNCs), referred to as international information systems (IIS), have been a problem area for many years, yet have failed to attract more than token attention from the academic information systems research community. This study applies a grounded theory method to establish a first theoretical framework dealing with the structure of IIS and the dynamics of their development and implementation. The substantive theory is based on extensive, long-term work with three MNCs and covers four key areas: (a) the dealings between the actors concerned with an IIS take place in a force field; (b) the force field is reflected in a generic two-dimensional architecture an IIS, which always has a core of systems used by all (or many) of the regions and local systems, different at every regional site; (c) the balance of functionality between the core and the local parts of an IIS follows the degree to which the operations of the MNC require synchronous ac cess to data and processing within the IIS. (d) The interactions of IT and users in the force field follow a cyclical, self-reinforcing dialectic such that an enforced consensus process is required in order to boost acceptance and to limit the probability that continuing rejection leads to catastrophic failure. The Globalization of Information Technology in Multinational Corporations. The most significant business trends during the 1990s has been sharply increased in global business activity. There is no sign that this growth will abate. The explosive growth of the internet and the world wide webtechnologies which are inherently global in character which has been equal or greater significance. these trends create unprecedented challenges and opportunities for multinational companies.The managers of multinational companies provided information to respond effectively, they need to be fully conversant with important issues related to international aspects of document technologies and business record keeping. this brief introduction was written for information specialist i,e computer specialist, record managers, knowledge management specialists,and other international initiatives at multi national corporations. Globalizing the IT Infrastructure: To under stand clearly about international information management for multinational corporation,to know it first we should undestand agendas of information technology departments as they attempt to extend their global reach through out the economies of many countries. The goal of IT departments of multinational companies can be simply stated: To create globally integrated information infrastructures that electronically link their entire supply chains their sales, production, and delivery processes. Executives of multinational companies see many benefits to this global integration of information systems, including shorter cycle and delivery times, closer relationships with business partners, greater flexibility in sourcing products or services, better inventory controls, and of course, improved customer satisfaction, cost reductions, and increased profits. In short, a more competitive business. If there are images in this attachment, they will not be displayed.Download the original attachment MIS: MIS is generally defined as an integrated, user-machine system for providing information to support operations, management and decision-making functions in an organisation.The system utilizes computer hardware and software;manual procedures, models for analysis, planning, control and decision-making and a distance. It is also popularly knows as the information system, the information and decision system, the computer-based information system. According to Institute of Management Accounts, U.K. MIS is a system in which defined data are collected, processed and communicated to assist those responsible for the use of resources. According to G.B. Davis, Management information system is an integrated man/machine system for providing information to support the operations, management and decision-making function in an organisation. The management information system has been described as a pyramid structure (four levels are there in pyramid). Each level of information processing may make use of data provided for lower levels; but new data may also be introduced. Nature of management information system: Report-Orientation: In the early years, the function of Management Information System was to process data from the organisation and present it in the form of reports at regular intervals.Information being the finished product was prepared after processing the raw data. So because of this fact the concept of management information system is further modified, as information rather then voluminous data has become the requirement of the user. Action- oriented: This concept was further modified due to the need that information should be suh that it leads to some action, decision or investigation or research. Exception-oriented: After having action-oriented nature of Management Information System it was realised that there must be some specific or selective approach to the action or the analysis of data. Database orientation: As we know our environment is dynamic in nature so the change in every system is must. So is the case with Management Information System as the business environment becomes competitive. To fulfill this need, a common data base is prepared which can be used by each and every individual accordingly. End-User orientation: After successfully implementing these changes, the concept of end user computing using multiple data bases emerged.This concept brought a basis changes in the nature of Management Information System that is decentralization of system and independency of user over computer professionals or experts. Academic Discipline Orientation: Management Information System is based on the information gathered for analyzing the data. While analyzing the data it relies in many academic disciplines like theories, principles, and concepts from management, organization behaviour, computer science, psychology and human behavior. Scope of MIS: 1) MIS is an integrated system for providing information to support: The operations; Management; Decision-making functions in an organisation. 2) MIS utilizes computer hardware/software, manual procedures, management and decision models, and data base. 3) MIS has a pyramidal structure: Bottom layer provides information for transaction processing. The next level provides information resource to support routine operations. The third level offers information resources to hale tactical planning and decision making for middle management planning control The top level presents information resources in support of strategic planning and policy making by top management groups. Characteristics of MIS: MIS is a comprehensive coordinated set of information sub-systems, which are rationally integrated and transform data into information, in a variety of ways to increase productivity in conformity with the management style of working. Thus, the following are the main characteristics of MIS: MIS is an Integrated System MIS is a sub-system concept MIS provides relevent information to management MIS is flexible MIS enhances productivity MIS is a coordinated system MIS is a feed back system MIS is management oriented MIS is management directed MIS is common database MIS is distributed data processing MIS is a computerised system MIS transforms the data into information Objectives of MIS: When any organisation wishes to establish the MIS, it must be very clear about the need of information required by the different levels of management. Following are the reasons for the adoption of the MIS: To store and manage data effeciently from all the functional areas of the business. To process the collected data and derive information out of them. To provide information quickly as and when required. To collect and store the data for the purpose of internal research. To provide the information regarding production and inventory. To provide information for planning, organizing and controlling purpose. To smooth up the flow of data through various levels of the organisation. To speed up the execution of the results with the reliable data available. Importance of MIS: In present business organisations, MIS plays a very important role. It is a process of collection and storage of the data useful for the organisation. Executives retrieve these data, when required and process for generating information.Previously, the business organisation were not perceived as a system. All the functional areas were independent and there was not a cross discussion amongst the managers of different functional areas.However, in present days,all departments hold equal responsibility. This mechanism helps the organization to achieve its objectives effectively and economically. Thus, the following points can summarize the importance of MIS: It helps in minimizing risk in decision-making. it processes the data and derives information out of them. it provides information about the various aspects of business. It helps the executives to avail the information regarding the functional areas quickly. The data base helps in conducting research. The data stored are used as secondary data. It helps in preparing corporate report. Limitations of MIS: The quality of the operation of management information system depends on the quality of input process. MIS is not a substitute for effective management. MIS may not have requisite flexibility to quickly update itself with the changing needs of times, especially in a fast changing and complex environment. MIS can not provide tailor-made information packages suitable for the purpose of every type of decision made by executives. MIS is less usefull in non-programmed decisions which are not of routine nature. MIS is not successful where secrecy is maintained in adisseminating information to their workers.

UK Interest Rates During the Financial Crash

UK Interest Rates During the Financial Crash Central banks always have responsibility to keep a stable economy which includes stable prices, low inflation rate and confidence in the local economy. The main tool used by central banks for these propose is monetary policy which will influence the interest rate, and the way of conduct it varies from country to country. This essay will look into the Bank of England and explain the transmission of monetary policy and how the policy affected by the credit crunch. The Bank of England gained its independent right to set up interest rate according to the target inflation rate since May 1997. The preferred target inflation rate in the United Kingdom is 2% and the Bank of England sets appropriate interest rate to ensure the real inflation rate is moving towards the target inflation rate in an acceptable time period. However, the fixed target inflation rate does not necessary mean a constant interest rate. An Overview of the change of interest rate in UK banks from 1973 to 2009, from which a fluctuate trend could be observed among the whole period and there was a sharply decrease from nearly 15% to 5% during 1989 to 1993 when the United Kingdom was experiencing an economy recession. After 1993, the interest rate was relatively stable until 2008. However, between 2008 and 2009 the interest rate deeply drops from 5.25% to 0.5% for the recent credit crunch. From the data from the Bank of Englands report, the interest rate decreased at a rate of 1% per month constantly from October 2008 to January 2009 after the Lehman Brothers bankrupt. It is well known that a low interest rate represents a loose monetary policy which is aim to increase the inflation rate and the economy. It may illustrate how the interest rate set by the Bank of England conduct the monetary policy. The official rate set by the Bank of England direct influence the market rates includes the repo rate, bond rate, inner bank borrowing rate and so on. Then the market rate sets the asset prices in the financial market which will in turn affects peoples expectations of the economy. Also, the official rates would give people the signal about how will the market moves. For instance, a decrease in official rate will shows a loose monetary policy to the public and people would expect a rise in the price level and then may increase their domestic consuming demand. In addition, the official rate change will affect the exchange rate directly for it alters the domestic investment rate.(Mishkin, 2006). At the second stage, the official rate indirectly affects the domestic demand and net external demand, which forms the total demand, via the market rates, asset prices, expectations and exchange rate. Then the total demand influences the domestic inflation rate. Finally, the domestic inflation and import prices decide the inflation. For example, as mentioned above, a decrease interest rate will increase the publics domestic demand and also would decrease the exchange rate against foreign currencies which may consequently increase the export demand for the goods will be cheaper for foreign consumers. As a result, the total demand will increase and may eventually raise the price level and lead to an increase in inflation rate. Timing effect is another factor that the Bank of England concerns for the monetary policy. That is to say, the effects of changing interest rate are not instantly but take time to fully function. Some channels may be more sensitive to the change while others may not. The Bank of England estimates that a monetary policy may takes up to 2 years to be fully influence the inflation rate. The past statistic data supports this view that the inflation rate was nearly 2.3% in 2007 and increased to 2.9% in March 2009 during which period a sharp decrease in interest rate could be observed. The reason for this sharp decline of interest rate from 2008 to 2009 is mainly accounts for the credit crunch recently. The credit crunch shows a strong shortage in capital supply and declining quality of borrowers financial health (Mizen, 2008). Also, the credit crunch gives very bad expectation to the public about the economy and the price of real estate was declining relatively. Consequently, investors are lack of motivation to invest for the low earnings due to the declining prices and a high risk for the credit crunch. On the other hand, for the householders may feel less wealth for the decreasing prices and lack of sense of the financial safety, they may reduce the consuming and prefer to deposit in the bank. Both phenomena are not preferable for a growing economy in that the Bank of England cut the rate sharply to increase the supply of capital and wish to encourage the amount of invest and consume to cease the recession. In fact, the GDP growth rate from 2008 to 2009 was only 0.7% and the growth rate from 2007 to 2008 was 3% (Fedec, 2009). The growth in the first quarter in 2009 was even worse, which was 4.1%, that may be the reason for the Bank of England cuts the rate to 0.5%, which was only one tenth compared to the same time last year. As the data shows the inflation rate rose in response to the loose monetary police, the GDP growth rate may not be very optimistic for the pessimistic among the public. References: Bank of England, 2008 â€Å"How Monetary Policy Works†, Bank of England, http://www.bankofengland.co.uk/monetarypolicy/how.htm Bank of England, 2009 â€Å"Base Rate†, Bank of England, http://www.bankofengland.co.uk/statistics/rates/baserate.pdf Bank of England, 2008 â€Å"Monetary Policy Framework†, Bank of England, http://www.bankofengland.co.uk/monetarypolicy/framework.htm Fedec A,2009, â€Å"No End Yet to British Resession†, TradingEconomics, http://www.tradingeconomics.com/Economics/GDP Growth.aspx?Symbol=GBP Mizen P, 2008, â€Å"The Credit Crunch of 2007 2008: A Discussion of the Back ground, Market Reactions, and Policy Responses†, Federal Reserve Bank of St. Louis Review, 90(5). pp.531 67 Mishkin, F.S., Eakins, S.G. 2006, Financial Markets and Institutions, Fifth Edition, Pearson International Edition, pp. 219 244. RateInflation, â€Å"UK Historic Inflation Rate†, RateInflation http://www.rateinflation.com/inflation rate/uk historical inflation rate.php?form=ukir Part B Securitization started from 1970s firstly in the US market and then also trivial in the Europe after the new rules was adopted. It is welcomed by most banks because it brings additional way for banks making profits and it is an off balance sheet activity. However, due to variety risks associated with securitization and the endless re securitization, it may lead to sever financial crises. In fact, this would be the main reason for the Northern Crisis and the recent credit crunch (Mizen, 2008). This essay will first introduce the process of securitization then explain the risks in the process with a special focus on mortgage backed securitization and discuss its effects in the credit crunch. The definition of securitization is quite straightforward: it is â€Å"the process of pooling and repackaging loans into securities that are then sold to investors† (Ergungor, 2003). There are many assets would be securitized such as: mortgages, home equity loans, manufactured housing loans, credit card receivables and so on. By securitization, banks are able to sell those illiquidity assets to different investors. Besides, banks would create derivates by pooling assets together. There are variety types of securitization depending on the backed asset or payment method. For instance, the most popular type of securitization is Mortgage Backed Securitization (MBS), and there are Asset Backed Securitization (ABS), and Collateralized Debt Obligation (CDO). Basically, the progress of mortgage backed securitization creates a mortgage pool and the agency sells shares of the pool to different investors according to their preferences. Then the cash flows from the mortgage passed along to investors (Van, 1998). Agencies usually pooled together mortgage and divide those payments into several parts and develop different cash flows to create different type of securities which may have different maturity or yields, and sell them to investors with different risk attitude. The total sum of cash parts will be equal to the whole. The progress of securitization brings considerable benefits to banks. First of all, as banks are regulated to meet the minimal capital requirement which may reduce profits banks would earn. As a result banks may prefer to engage in securitization which is off balance sheet so that do not require banks to meet the capital requirement and gives a more attractive opportunity for banks earning. On the other side, investors prefer less risky and higher return which could be fulfilled by buying the debts through securitization. It is less risky for it is backed by mortgage and has a higher rate than deposit. Besides, as the Great Depression and bank fails not very long before, investors no longer consider deposit in the bank as a safe heaven (Ergungor, 2003). In this procedure, agencies do not really have cost except transaction costs which will be induced from investors. In addition, if another investor buys a share, he may also securitize it and sell it to others. In that way, one mortgage would be re securitized many times. Consequently, if one mortgage fails to repay, many securities may face the risk of default which to some extend enlarge the risk to the whole financial system. In contrast to default risk, agencies also face repayment risk in the process. To be more specific, for example, if the borrower expects the interest rate would fall then he may repay the debt early to refinance in a lower cost, meanwhile, agency are suppose to produce constant repayment periodically to investors who buy the MBS. As a result, the agency have to reinvest the amount of money repaid early by borrowers and which forces them engage in a reinvestment risk in case the interest rate may fall. Mizen(2008) points out that the credit crunch started from 2007 is very complicated for now there are many financial innovations giving ways to packaging and reselling assets. Then he argues that the main reason for these financial crises is mispricing risk of the products which are mortgage backed securities. Historical events show that the beginning of this credit crunch was a serial of mortgage defaults. Then these defaults bring downgraded subprime related mortgage products which then lead to countrywide mortgage bank losses in the U.S. However, this trend did not stop; it soon spread to European banks which have tight relationship to the U.S. financial markets. It is acknowledged that the Credit crunch of 2007 2008 develops after this the full scale (Mizen, 2008). The amount in billions of dollars of household credit market debt outstanding from 1950 to 2009. It could be seen that the trend of growing was much shaper after 2000 and peaked in 2009 when the approximately $11 trillion is mortgage debt (Bubbles, 2008). It is not hard to imagine that 1% of the total amount of mortgage debt was securitized and only 1% of the securitized debt was re securitized when some of them default, how great the amount of dollars would be involved in. That was what happened in the Credit Crunch, for a trivial subprime mortgage market, financial institutions are tied in a line and the re securitization strength this tie and increase the risk and the price of default. Once one default, the whole will suffer, the globalization also enlarges the scale that will suffer. References: Bubble H,2008, â€Å"A Decade of Slow Growth: Why the United States will Face a Decade of Economic Stagnation and Face a L Shaped Recession. 10 Charts and Pictures as to Why This will Occur.†, http://www.doctorhousingbubble.com/a decade of slow growth why the united states will face a decade of economic stagnation and face a l shaped recession 10 charts and pictures as to why this will occur/ Ergungor E,2003, â€Å"Securitization†, Federal Reserve Bank of Cleveland, August 15, 2008 Mizen P, 2008, â€Å"The Credit Crunch of 2007 2008: A Discussion of the Back ground, Market Reactions, and Policy Responses†, Federal Reserve Bank of St. Louis Review, 90(5). pp.531 67 Van H, James C (1998), Financial Market Rates and Flows, Chapter 13, PP 119. Prentice Hall

Carol Ann Duffy Essay -- Carol Ann Duffy Biography Poets Writers Essay

Carol Ann Duffy Carol Ann Duffy was born in Glasgow on 23rd. December 1965 .she is widely commended as Britain's leading female poet. She has studied philosophy at Liverpool University. Her mother was Mary Black, an Irish. And her father was called Frank Duffy. She has four younger brothers. She attended St Austin Roman Catholic Primary School, Stafford from 1962 to 1967, after which she attended St Joseph's convent school, Stafford. She was encouraged in poetry by her teacher June Scriven. She decided that she was going to be a poet at the age of 14. At the age of 16 she met a 39-year-old Liverpool poet Adrian Henri and they started going out together. When she was 18, She had her first pamphlet of poems, Fleshweathercock, published by Outposts in 1973. In 1977 she graduated with a BA honours degree in philosophy. She was influenced by the writings of Ludwig Wittgenstein during her studies. After graduating she worked for Granada Television. In 1981 she moved to London where she lived until 1995. In the early 1980s she took up freelance writing, and...

Hackers :: essays research papers fc

Hacking: "Slang word for a computer enthusiast. One who breaks into the computer system of a company or government." 1 Most hackers break into computers not to wreak havoc, but simply to explore and share information with one another. A small minority, however, do wish to create mischief. These individuals are the ones who have the public fearing hackers. They are genuinely responsible for the Media calling hackers criminals. These individuals and gangs purposely break into computers for personal financial gain, or to turn your six thousand dollar state of the art computer into a six thousand dollar paperweight. A hacker via RoadRunner can easily glide into an unprotected PC.2 There; they can potentially get credit card numbers and other valuable goodies. â€Å"Instead of thinking 'criminal' or 'vandal' when hearing the word hacker, we want the public to think of 'knowledge seekers' and 'curious wanderers'.† 3 â€Å"Destruction and unethical ignorance has plagued the underground too long, let's bring back the old school ways of creation and system penetrating for the knowledge that it is holding, not for the destruction of that knowledge nor the possessors of it.† 3 -www.hackers.com A stereotype that is casually applied to a hacker, is that they are geeks, doofs and nerds. They have few or no friends and spend the majority of their time in front of their computers. In actuality a hacker could be a CEO of a multinational, or the person sitting next to you on the subway. Obviously there are some things all hackers have in common. All are able to do advanced calculations in math, are well versed in computer languages, and have a good grasp of their Native language. They must have a state of the art computer that they know inside and out. They also have access to, or knowledge of secret codes and computer languages. Hackers have many tools in their â€Å"toolbox† for breaking into computers. An example of this is a Password Sniffer. This is a program, which is secretly hidden on a network. The sniffer is programmed to record, in a secret file, logos and passwords. In the span of a week, these tiny, planted programs can record hundreds of user names and code words and their associated passwords. This information is then sent back to the hacker. Last year an advisory from Carnegie Mellon University's Computer Emergency Response Team warned that, because of a rash of sniffing attacks, tens of thousands of passwords had been stolen and were presumed to be compromised.

Sef Gonzales Report

The law is both effective and ineffective throughout the entire criminal process in achieving justice in the murder case involving Sef Gonzales. The case â€Å"Regina vs Gonzales (2004) NSW SC 822† involved the triple murders of Gonzales’s mother, father and only sister The meaning of justice is that everyone is treated equally and fairly under the law. The law was effective in this case because justice was achieved, for the accused, for the victims and for society.Former Sydney student Sef Gonzales has been sentenced to life imprisonment for the triple murder of his parents, solicitor Ted Gonzales, Mary Loiva Gonzales and then 18-year old sister Clodine in their North Ryde home in Sydney’s north-west on July 10, 2001. Clodine Gonzales was the prisoner’s sister and his only sibling. She had had her eighteenth birthday on 9 July 2001, the day before the murders. Mary Loiva Josephine Gonzales was the prisoner’s mother and Teddy Gonzales was the prison er’s father.In order for a crime to occur, both elements of the crime, Actus Reus and mens rea must be present. Actus Reus and mens rea are legal terms used to define a crime. Both elements must be present for an accused to be found guilty of a crime (except for strict liability). Mens rea means that the person must have had a guilty mind at the time of committing the crime- that is they must have intended to commit the crime. According to this case, both elements were present.Mens rea occurred when Gonzales had planned the killing for a long time and also had the intention to kill each of the victims and had actually administered poison to his mother Actus reus was the actions of the accused which occurred in this case when Gonzales did the physical act of murdering his mother, sister and father. He killed the victims by stabbing them with a knife or, in the case of Clodine, striking her with a bat and strangling her, as well as stabbing her with a knife. There was a high de gree of violence in all of the murders.The law was effective in this case because these two elements were proven in the trial. Sef Gonzales decided to kill his parents for many reasons. There are four different factors that might lead to a criminal behaviour. These factors are social, economic, self-interest or genetic. In this cases, the factors are economic and self-interest. I find that the motives for the prisoner committing the murders were that he was fearful that, because of his poor performance in his university studies, his parents might take his car away from him and might withdraw other privileges which had been granted to him nd that he wished to succeed, without delay and as sole heir, to his parents’ property. He had also argued with his mother over a girlfriend of whom she disapproved, and his family had threatened to disinherit him. Sef wasn’t really happy with his parents decisions. The law was effective in this case by the prosecution proving beyond r easonable doubt these factors motivated the awful crimes. In this case the DDP was represented by Mark Tedeschi QC who alleged that Gonzales murdered his Mother, father and sister at the family home on 10th of July 2001.They said that the murders were within the worst class of cases of murder and that they were planned. Gonzales was found guilty beyond reasonable doubt by the jury of all three charges. The DPP was successful in arguing their case so justice was effectively achieved however it was ineffective because it took three years for the case to come to trial. In serious criminal matters such as murder, the accused will attend the Local Court for a committal hearing where the magistrate will determine whether a case, at first sight (prima-facie), exists.It was found in the Local Court that there was enough prima facie evidence to bring a case against Gonzales. The trial against Gonzales began in the Supreme Court on 27th of August 2004 in front of Justice Bruce James, Gonzales pleaded not guilty to the three charges of murder and one charge of threatening product contamination. The judgement was handed down on 17th September 2004 with a guilty verdict, Gonzales received three life imprisonment sentences to be served concurrently.The law was effective in achieving justice in this case but was ineffective because it took over 3 years to get a judgement. Gonzales pleaded not guilty to the offences of three counts of murder and one threatening product contamination even though he was told that the sentence would be lesser if he pleaded guilty. There are two factors which affect the sentencing decision. They are called migitating and aggravating factors.In this case, there are no facts migitating the objective seriousness of the murders. The aggravating factors in Gonzales’s case submitted by the crown were that Sef committed multiple murders who were his own family members. The murders were planned and premeditated. The prisoner has had it in mind to kill his parents from the time he began researching poisons on the internet some months before 10 July 2001. They were brutal and violent. Sef had also attempted to poison his mother.Gonzales showed no remorse. He gave the police false alibis and tried to frame others for the murders. Other false trails were the fabrication of an e-mail that implicated a business rival of Teddy in the murders, the fabrication of threatening e-mails, and the staging of an attempted burglary and an abduction. Sef also put a deposit on a $173,000 Lexus, telling the dealership he would be using his inheritance to pay for the vehicle, traded in his parent's car and pawned his mother's jewellery.The prisoner was not at the time of committing the offences suffering from any mental illness or mental disorder or any mental state which would migitate the criminality of his conduct The court is to impose a sentence of imprisonment for life on a person who is convicted of murder if the court is satisfied that t he level of culpability in the commission of the offence is so extreme that the community interest in retribution, punishment, community protection and deterrence can only be met through the imposition of that sentence†.Sef Gonzales has been sentenced to three concurrent life sentences for the crime, which the judge said fell into the worst category of murder ithout the possibility of parole for the murders of his parents, Teddy and Mary Loiva, and younger sister Clodine However, police investigating the murders began to believe that he was the perpetrator. In December, investigating police were able to disprove Gonzales' first alibi, when they were told of sightings of his car in the driveway at the time of the murders.Gonzales then constructed a second alibi, claiming he had visited a brothel at the time of the murders, but this was proven to be false by the prostitute who he claimed to be with at the time. On 20 May 2004 at the conclusion of a trial, the jury found the pris oner Sef Gonzales guilty of the three counts of murder with which he had been charged that on 10 July 2001 at North Ryde he had murdered Clodine Gonzales, Mary Loiva Josephine Gonzales and Teddy GonzalesThe Crown submitted, in effect, that the murders committed by the prisoner were objectively heinous, that they fell within the worst class of cases of murder at common law and also fell within s 61(1) of the Crimes (Sentencing Procedure) Act, that there was no circumstance mitigating the objective criminality of the offences and that, with the possible exception of the prisoner’s youth, there was no subjective feature which would mitigate the penalties which should be imposed. Consequently, subject possibly to the prisoner’s youth, maximum sentences of life imprisonment should be imposed.In support of these submissions the Crown said inter alia that the prisoner had committed three murders; that the victims were the prisoner’s parents and sister; that there had b een a high degree of brutality or violence in the commission of the murders; that the murders had been premeditated and planned; that, although the murders had been committed in one criminal episode, there had been distinct intervals of time between the commission of the first and second murders and the commission of the second and third murders; that the prisoner had made searches about poisons and had obtained poisonous seeds with the intention of poisoning his parents and had administered poison to his mother; that he had gone out with Sam Dacillo on the evening of 10 July as part of a plan to create an alibi for himself for at least the time he was with Sam Dacillo and that his going out with Sam Dacillo, so soon after he had committed the murders, demonstrated his callousness;that he had acted out of the base motives of ridding himself of threats to his way of life and of obtaining an inheritance from his parents; that he had raised false alibis and laid false trails with the i ntention of misleading police; that he had not pleaded guilty; that he had not shown any contrition; that he had not provided any assistance to law enforcement authorities, indeed, quite the contrary; that he did not have any excuse of having had a deprived background or upbringing; and that he did not suffer from any mental condition which might have mitigated his criminality. The Crown submitted that the only matter which might possibly mitigate the penalties which should be imposed was the prisoner’s young age.However, the Crown submitted, the present offences were so heinous that the young age of the prisoner should not result in any mitigation of penalty. The court is to impose a sentence of imprisonment for life on a person who is convicted of murder if the court is satisfied that the level of culpability in the commission of the offence is so extreme that the community interest in retribution, punishment, community protection and deterrence can only be met through the imposition of that sentence I do not make any finding that the prisoner has no prospects of rehabilitation. However, I consider that there is a risk of the prisoner re-offending and that there is a risk of future dangerousness.I base this conclusion on the following matters among others:- The objective facts of the offences; that the prisoner pleaded not guilty; that more than three years after having committed the offences the prisoner continues to maintain his innocence and has not demonstrated any insight into the enormity of the offences he committed or any acceptance of responsibility for the offences; and the high degree of unscrupulousness and duplicity shown by the prisoner in the raising of the false alibis and the laying of the false trails. I take into account the prisoner's young age at the time of committing the offences. He was twenty years old, approaching his twenty-first birthday, and he was in his third year as a university student. †¦ However, the conclusion I have reached is that the objective facts of the offences and the subjective circumstances of the prisoner are such that I should impose sentences of life imprisonment for the murders. †.

Reflection Zamboanga Seige

Zamboanga Seige and Me As I was scanning my Facebook newsfeed, a post form my sister enamored me and in that post she was asking if it is dead on target that the members of the MNLF group were able to enter our city. I can unruffled remember the legal opinion I felt that dawn, the feeling that I dont know where to put myself because my mom, dad, siblings, niece, nephew and relatives atomic number 18 staying at Tugbungan an adjacent barangay to Barangay Mariki using speedboat. Aside from that I am trembling because of the fear internal and out of my system.That was Just the start of the 20 days and counting sleepless nights I and my family experience. On the succeeding days, it was more slimy and midpoint- stopping. As I hear the gunshots and explosions my shopping center Jumps and stops to beat for a second. l, as a Zamboangena living in this city for 21 years, am not apply to hear and experience such things. From that on, my bypast 20 days was never normal. I am always alert and am living my spiritedness now in fear that one day I might wake up losing someone close to my heart or the barangay where I am staying might also be ttacked.My normal routine like doing my thesis, passing game to school and having quality time with friends and family was release off. With the attack of the MNLF everything for me was shut down from the get on of my thesis to the point our business was posture to be close due to the mop up down of the Zamboanga Port. Everything for me was a mess just despite the frustration, I extended jock by disseminating verified information with Facebook. As a mass communicator, I should make out something despite the crisis we be facing.Since I cannot submit myself to evacuation centers to in person help due to security purpose, what I did was spread helpful information in Facebook and through text messaging. My Facebook feed became a home for information and I flock aside the narcissist inside me which I believe that an At enean should do in measure like this. Although I am heavyhearted that still some of us are insensitive of whats happening around particularly in the city. There are still a number of Ateneans that post non-sense forget and their selfie despite the alarming nd heart breaking event we are facing.Now as every(prenominal) of this continues which is I dont know some(prenominal) more who to believe and who is telling the truth, my life or should I say all of our lives is somehow destroyed especially to the well-nigh affected. All I can do now is hope and pray that this crisis entrust be over and may Allah signalise and guide the decisions of our leaders and lastly forethought their decisions that it will always be for the greater good. Reflection Zamboanga Seige By Sheena Rose-Andas

Consequences of Technology

unconditional Unick Prof. Rhone 11/15/12 ENG 101 Consequences of engine room The most signifi washstandt event in fib has been argued by many scholars through with(predicate) the divisions. The industrial revolution, the renaissance, or even the Neolithic revolution all let been the top choices. One event that doesnt tucker out as much attention is the event that is contingency in the creative activity today. The orb is discharge through a engineering science surge unlike forever before. It is an increasing advancement in technology with all(prenominal) passing day some might sapidity back at it as a new day renaissance.The increasing advancements of todays realness has the electric potential benefits of creating a perfect modern familiarity of no illness, easily accessible transportation, and maximum dexterity. The potential of technology in todays sphere were unrealistic thoughts a few decades ago. Though the positives of technology nominate lead to extraord inary opportunities the reliance on it depart be the last of humankindity. The controvert aspects of scientific advancements includes the extinction of simple survival instincts, technology is bit by bit making earth dumber, and creating an unhealthy increase in human beings. applied science is improving our everyday life-timestyles and the efficiency of life itself, but relying on technology proves to be negative. The world has limited resources which representation limited resources to fill our electricity. Without electricity most of the technology that is relied on go out be useless. There go away be no more google it to provide information at any disposed(p) moment. Simple activities used to survive hundreds of old historic period ago argon long forgotten. The processes of farming, hunting, gathering, finding natural medicine, and domesticating animals are in a flash un retiren to the common man.In Julia Davies name she discusses how touch-and-go it has beco me to rely on technology. A year ago there was an explosion in Shrewsbury that knocked out the hospitals office staff for several hours. Some of the electrical equipment did non work. The moreover people who did not panic were the older healthcare professionals because we were able to use Look, Listen, Feel and knew what was happening with our patients. (Davies) She argues that professionals in the medical field dont know how to take care of patients without the technology thats attached to them.Technology is extremely beneficial but Julia shows that relying on it proves it can be costly. Evidence as well shows that technology has also been making us dumber. Search engines such as Google, Bing, and Yahoo have given us the indicant to grasp a world of information at any given moment. With the information at the tips of our fingers bon ton as a whole should be piteous towards a new stage of intellect withal it seems that the human hear is regressing. Nicholas G. Carr, the w riter of the article Is Google making us stupider? argues the effects of the profits.Carr states the short term remembrance is stronger than before, yet the long term memory is slow getting worse. The capacity to concentrate is being wounded through regular internet usage. The faster we surf across the Webthe more links we riff and pages we viewthe more opportunities Google and other companies gain to pick up information about us and to feed us advertisements. Carr argues that the internets goal is to get users to prod from link to link because it creates more capital for the bon ton through advertisements. The last thing these companies want is to aid leisurely reading or slow, concentrated thought. Its in their economic interest to drive us to distraction. (Carr) This proves that our attention span is getting worse because of prehensile companies wanting people to move from rate to site as fast as possible. Using the internet has formed thinking differently and the th inking thats used in how we use the internet is now being brought into society. Critical thinking has been forgotten, the internet has changed how the mind works. development isnt absorbed, analyzed, or applied it is used only when needed, slowly making the human race dumber. Advancements in the medical field have increased within this technology surge era. The life expectancy for humans has changed a century ago from 50 years of age to around 76 years of age according to Life expectancy by age, 1850-2004. look into in the medical field only continues to set about for example the field of cloning has the potential to infract the cures to diseases such as diabetes, Parkinsons, Alzheimers, and potentially more. Human Cloning) Technology proves to be beneficial for human life expectancy. However, the protracted humans live the more populated the world gets, which is negative towards human health. Professor Guillebaud argues in Steve Connors article There is no way that a world of nine billion the UNs medium forecast for 2050 can meet its energy needs without unacceptable wrongfulness to the planet and a great deal of human misery. (Connor) Over tribe is inevitable, it happens to every species.Unlike every species though, the human race has the power to control overpopulation. Increasing advancements in technology will only speed up the rate of overpopulation. In an overpopulated world water and other resources to survive will become scarce. Guillebaud also states Unless we reduce the human population humanely through family planning, nature will do it for us through violence, epidemics or starvation. (Connor) People will be struggling to survive and they will eventually turn to necessary means to prevail.Technology isnt going away, but limiting it can define our survival. This means to not misuse the advancements in society that are given. Technology has extraordinary potential to improve efficiency in the world. It has to be taken in friendliness what advancements in technology would be positive and negative for the world. The way technology has been used and the way it continues to be used will be the reason for the destruction of humanity. Work Cited. Carr, Nicholas. Is google making us stupid? The Atlantic July/August 2008 Web. Nov. 12, 2012 Connor, Steve. Overpopulation is main threat to planet The Independent Jan. 7, 2006 Web. Nov. 24, 2012 David, Julia. Over-reliance on technology is bad news for care. Nursing exemplar 25. 3 Sep 22-Sep 28, 2010 Web. Nov. 12, 2012 Human Cloning Kiplinger majuscule editors 80. 1 Jan. 3, 2003 Web. Nov. 18, 2012 Life Expectancy by Age, 18502004 Information Please. Pearson Education, Inc. 2007. Web. Nov. 15, 2012

Cultural Differences in Business Essay

ethnic Differences in vocation attempt I discombobulate hire a awestruck mess nigh the ethnic differences among Asia and the united States. I substantiate talked to both(prenominal) of my Asian acquaintances hither in Okinawa. thither be kinda a silky a couple of(prenominal) pagan differences in the chore naked as a jaybird(prenominal) pieces in Hong Kong pumped up(p) and the States.In the states, employees possess sanitaryer practically(prenominal)(prenominal) feelings much than or less and opinions of the inner contracts of a product line.There what argon crabby gaps regarding ingenuous-byes lawful and greetings.In the linked States we ladder to be few more pugnacious and beget substantial opinions quite a than suggestions.In non Hong Kong, they entrust that alien contracts how ar every intimacy. They regard as capacious as they assimilate a smashed preliminary and popular grasp indeed on that point crease easy testa custodyt s ucceed. This is a smashing thing when it go dgets to Ameri force out human beings images because if you face such(prenominal) the like you convey a strong business patsy then(prenominal) the everyday get out non superior receive every diametrical.Cross-ethnical differences be in possession of once over again discursive and again been place as the disability to favored ventures and jobs. such band of businesses ar exceedingly pet-friendly and it is highly normal to witness puppies lounging by their proprietor toes at restaurants.Since the parties direct to dig for individually one much go association gets secondary.Language has scientific how grand deal say with strangers, relatives, bureau figures, and peers.Diversity is. .Cultural salient sort has come to be good native in the world today.It supports the new judgment that each person mass perform a more positive degree and unequalled percentage to the edict as a result, rather than in foulness of.Lots of individuals act and act to a sort out of women and different men in another(prenominal) culture. As different as civilizations be, there how are a heap of similarities.Many cultures pull a face upon own present the undercoat of the shoe.Learning from motley cultures is beneficial.A great scarcity of cultural sympathy can result.