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Momaday's The Way to Rainy Mountain: Summary      N. Scott Momaday separates his book The Way to Rainy Mountain in an in...

Wednesday, December 25, 2019

European Justification of Colonization of Asia and Africa...

The principle justification offered by the Europeans for their colonization of Asia Africa was the moral and technological superiority of the western world. As the Europeans saw it, the spread of the European way of life would substantially increase living standards for the colonized. While economic reasons were obviously the primary impetus for colonial expansion, the Europeans believed that they were not only improving the natives’ conditions, but they were saving their mortal souls by bringing Christianity to them. Over time, the technologically advanced way of life came to be associated with Europe, and with Europeans. This is the cause of the racist and social Darwinist undertones in the documents. First, Europeans use†¦show more content†¦The second justification is the welfare of the colonized nation. According to the majority of the documents given, assimilation into the world economy boosted the economy of the colonized nation, thus increasing the gener al well-being in said nation. Additionally, the colonizing nation would spread new technology, including things like medicine and agricultural technology. Of course, the colonizer would not just hand out life saving technology and then leave. Usually, the colonized nation would use the new technology under the supervision of the colonizer. The example of India proves this point. India benefited greatly from industrialization, which was brought about by the British. However, when the British discovered that India’s industrialization would cut them off from valuable raw materials, they halted the industrialization process, leaving India in very bad shape. If the British had allowed India to industrialize, the world would probably be a very different place today. Document 3 shows a cartoon that illustrates the point above. The cartoon shows how nations such as Cuba and the Philippines grew rich because of colonization. However, the cartoon is not indicative of total wealth in a nation. Colonization substantially increased the rich-poor gap in nations, so while a select few people mayShow MoreRelatedThe Age of Reason Essay921 Words   |  4 PagesAime Cesaire’s essay deals with the European hypocrisy that has existed for many years throughout European history. Cesaire studied liberal ideas that had sprouted in the Enlightenment period or the Age of Reason, a time where many new ideas sprang up. Reason was used to guide the actions of people and nations; no longer was religion the main force. Science became extremely important because it provided answers to questions. With the Enlightenment came ideas of liberalism. Before the Age of ReasonRead MoreNotes on Colonialism and Imperialism1489 Words   |  6 Pagesimperialism * European merchants and entrepreneurs made personal fortunes * Overseas expansion for raw materials: rubber, tin, copper, petroleum * Colonies were potential markets for industrial products * Political motives * Strategic purpose: harbors and supply stations for industrial nations * Overseas expansion used to defuse internal tensions * Cultural justifications of imperialism * Christian missionaries sought converts in Africa and Asia * Civilizing missionRead MoreThe And Its Effects On Africa1550 Words   |  7 Pages â€Å"In time, we shall be in a position to bestow on Africa the greatest possible gift - a more human face.†Ã¢â‚¬â€Steve Biko. The continent that the rest of the world looks down upon is struggling for a different reason than you may think. Though the white-washed, western world often believes Africa to be a land of inferior civilizations, inferior people, or inferior culture, all of these small civilizations that have spanned the continent for thousands of years cannot be blamed for any economic disadvantagesRead MoreThe Theory Of Biological Evolution1192 Words   |  5 Pagesspeeding the nation’s economy. In Europe, they too experienced the rise of industrialization; Europeans were also leaving the farms to migrate to cities in search of jobs, technology and trade. However, this new liberal capitalism upset the balance of power in the European society causing unrest. Prior to the 19th Century, religion provided the moral, governing perimeters throughout a society. Colonization, up until this point, was justified by divine right. Commoners did not question those inRead MoreThe s People, By Jared Diamond s Guns, Germs, And Steel : The Fates Of Human1617 Words   |  7 PagesDiamond goes on to explain why and how Australia and New Guinea became to be seen as â€Å"backward† states. Diamond explains that although there was a rise in population due to the development of agriculture, they were unable to progress as much as Europeans due to biological and geographical factors. Biographical factors in New Guinea included lack of protein from crops, few animals to do labor, and no epidemic diseases to keep away invaders. In Australia, the nomadic, hunter-gatherer lifestyle causedRead MoreThe s People, Jared Diamond s Guns, Germs, And Steel : The Fates Of Human Societies1634 Words   |  7 PagesDiamond goes on to explain why and how Australia and New Guinea became to be seen as â€Å"backward† states. Diamond explains that although there was a rise in population due to the development of agriculture, they were unable to progress as much as Europeans due to biological and geographical factors. Biographical factors in New Guinea included lack of protein from crops, few animals to do labor, and no epidemic diseases to keep away invaders. In Australia, the nomadic, hunter-gatherer lifestyle causedRead MoreThe s People, By Jared Diamond s Guns, Germs, And Steel : The Fates Of Human1617 Words   |  7 PagesDiamond goes on to explain why and how Australia and New Guinea became to be seen as â€Å"backward† states. Diamond explains that although there was a rise in population due to the development of agriculture, they were unable to progress as much as Europeans due to biological and geographical factors. Biographical factors in New Guinea included lack of protein from crops, few animals to do labor, and no epidemic diseases to keep away invaders. In Australia, the nomadic, hunter-gatherer lifestyle causedRead MoreThe And Its Effects On The Culture1333 Words   |  6 Pagesthe main character, Okonkwo, has to live his life in this sort of reality, is the perfect showcase. While Okonkwo is exiled, Umuofia is under this shadow of colonialistic power from Europeans. The ideas that are forced upon the culture can be put under that category of formidable violence. The tactics of the Europeans can be portrayed, â€Å"†¦the Reverend James Smith †¦ was a different kind of man. He condemned openly†¦ he saw things in black and white. Sand black was evil. He saw the world as a battlefieldRead MoreRacism : Racism And Racial Discrimination1425 Words   |  6 Pagesdifferentiation is scientifically false, morally condemnable, socially unjust and dangerous, and there is no justifi cation for racial discrimination, in theory or in practice, anywhere. In history, racism was a driving force behind conquest and the Transatlantic slave trade, and behind states based on racial segregation such as the United States in the nineteenth and early twentieth centuries and South Africa under apartheid. Practices and ideologies of racism are universally condemned by the United NationsRead MoreWhy Was Africa Colonised?1882 Words   |  8 Pageswas Africa colonised in the years 1870-1914? The Colonization of Africa was due to a wide range of factors, not only economic and political but also for social, religious, humanitarian and technological reasons, which differed from country to country. Africa’s diplomatic, strategic and material potential led European Powers to seize the opportunity to exploit a new continent. During a period between 1870 and 1914, where the continent of Africa was completely annexed by the leading European powers:

Tuesday, December 24, 2019

European Justification of Colonization of Asia and Africa...

The principle justification offered by the Europeans for their colonization of Asia Africa was the moral and technological superiority of the western world. As the Europeans saw it, the spread of the European way of life would substantially increase living standards for the colonized. While economic reasons were obviously the primary impetus for colonial expansion, the Europeans believed that they were not only improving the natives’ conditions, but they were saving their mortal souls by bringing Christianity to them. Over time, the technologically advanced way of life came to be associated with Europe, and with Europeans. This is the cause of the racist and social Darwinist undertones in the documents. First, Europeans use†¦show more content†¦The second justification is the welfare of the colonized nation. According to the majority of the documents given, assimilation into the world economy boosted the economy of the colonized nation, thus increasing the gener al well-being in said nation. Additionally, the colonizing nation would spread new technology, including things like medicine and agricultural technology. Of course, the colonizer would not just hand out life saving technology and then leave. Usually, the colonized nation would use the new technology under the supervision of the colonizer. The example of India proves this point. India benefited greatly from industrialization, which was brought about by the British. However, when the British discovered that India’s industrialization would cut them off from valuable raw materials, they halted the industrialization process, leaving India in very bad shape. If the British had allowed India to industrialize, the world would probably be a very different place today. Document 3 shows a cartoon that illustrates the point above. The cartoon shows how nations such as Cuba and the Philippines grew rich because of colonization. However, the cartoon is not indicative of total wealth in a nation. Colonization substantially increased the rich-poor gap in nations, so while a select few people mayShow MoreRelatedThe Age of Reason Essay921 Words   |  4 PagesAime Cesaire’s essay deals with the European hypocrisy that has existed for many years throughout European history. Cesaire studied liberal ideas that had sprouted in the Enlightenment period or the Age of Reason, a time where many new ideas sprang up. Reason was used to guide the actions of people and nations; no longer was religion the main force. Science became extremely important because it provided answers to questions. With the Enlightenment came ideas of liberalism. Before the Age of ReasonRead MoreNotes on Colonialism and Imperialism1489 Words   |  6 Pagesimperialism * European merchants and entrepreneurs made personal fortunes * Overseas expansion for raw materials: rubber, tin, copper, petroleum * Colonies were potential markets for industrial products * Political motives * Strategic purpose: harbors and supply stations for industrial nations * Overseas expansion used to defuse internal tensions * Cultural justifications of imperialism * Christian missionaries sought converts in Africa and Asia * Civilizing missionRead MoreThe And Its Effects On Africa1550 Words   |  7 Pages â€Å"In time, we shall be in a position to bestow on Africa the greatest possible gift - a more human face.†Ã¢â‚¬â€Steve Biko. The continent that the rest of the world looks down upon is struggling for a different reason than you may think. Though the white-washed, western world often believes Africa to be a land of inferior civilizations, inferior people, or inferior culture, all of these small civilizations that have spanned the continent for thousands of years cannot be blamed for any economic disadvantagesRead MoreThe Theory Of Biological Evolution1192 Words   |  5 Pagesspeeding the nation’s economy. In Europe, they too experienced the rise of industrialization; Europeans were also leaving the farms to migrate to cities in search of jobs, technology and trade. However, this new liberal capitalism upset the balance of power in the European society causing unrest. Prior to the 19th Century, religion provided the moral, governing perimeters throughout a society. Colonization, up until this point, was justified by divine right. Commoners did not question those inRead MoreThe s People, By Jared Diamond s Guns, Germs, And Steel : The Fates Of Human1617 Words   |  7 PagesDiamond goes on to explain why and how Australia and New Guinea became to be seen as â€Å"backward† states. Diamond explains that although there was a rise in population due to the development of agriculture, they were unable to progress as much as Europeans due to biological and geographical factors. Biographical factors in New Guinea included lack of protein from crops, few animals to do labor, and no epidemic diseases to keep away invaders. In Australia, the nomadic, hunter-gatherer lifestyle causedRead MoreThe s People, Jared Diamond s Guns, Germs, And Steel : The Fates Of Human Societies1634 Words   |  7 PagesDiamond goes on to explain why and how Australia and New Guinea became to be seen as â€Å"backward† states. Diamond explains that although there was a rise in population due to the development of agriculture, they were unable to progress as much as Europeans due to biological and geographical factors. Biographical factors in New Guinea included lack of protein from crops, few animals to do labor, and no epidemic diseases to keep away invaders. In Australia, the nomadic, hunter-gatherer lifestyle causedRead MoreThe s People, By Jared Diamond s Guns, Germs, And Steel : The Fates Of Human1617 Words   |  7 PagesDiamond goes on to explain why and how Australia and New Guinea became to be seen as â€Å"backward† states. Diamond explains that although there was a rise in population due to the development of agriculture, they were unable to progress as much as Europeans due to biological and geographical factors. Biographical factors in New Guinea included lack of protein from crops, few animals to do labor, and no epidemic diseases to keep away invaders. In Australia, the nomadic, hunter-gatherer lifestyle causedRead MoreThe And Its Effects On The Culture1333 Words   |  6 Pagesthe main character, Okonkwo, has to live his life in this sort of reality, is the perfect showcase. While Okonkwo is exiled, Umuofia is under this shadow of colonialistic power from Europeans. The ideas that are forced upon the culture can be put under that category of formidable violence. The tactics of the Europeans can be portrayed, â€Å"†¦the Reverend James Smith †¦ was a different kind of man. He condemned openly†¦ he saw things in black and white. Sand black was evil. He saw the world as a battlefieldRead MoreRacism : Racism And Racial Discrimination1425 Words   |  6 Pagesdifferentiation is scientifically false, morally condemnable, socially unjust and dangerous, and there is no justifi cation for racial discrimination, in theory or in practice, anywhere. In history, racism was a driving force behind conquest and the Transatlantic slave trade, and behind states based on racial segregation such as the United States in the nineteenth and early twentieth centuries and South Africa under apartheid. Practices and ideologies of racism are universally condemned by the United NationsRead MoreWhy Was Africa Colonised?1882 Words   |  8 Pageswas Africa colonised in the years 1870-1914? The Colonization of Africa was due to a wide range of factors, not only economic and political but also for social, religious, humanitarian and technological reasons, which differed from country to country. Africa’s diplomatic, strategic and material potential led European Powers to seize the opportunity to exploit a new continent. During a period between 1870 and 1914, where the continent of Africa was completely annexed by the leading European powers:

European Justification of Colonization of Asia and Africa...

The principle justification offered by the Europeans for their colonization of Asia Africa was the moral and technological superiority of the western world. As the Europeans saw it, the spread of the European way of life would substantially increase living standards for the colonized. While economic reasons were obviously the primary impetus for colonial expansion, the Europeans believed that they were not only improving the natives’ conditions, but they were saving their mortal souls by bringing Christianity to them. Over time, the technologically advanced way of life came to be associated with Europe, and with Europeans. This is the cause of the racist and social Darwinist undertones in the documents. First, Europeans use†¦show more content†¦The second justification is the welfare of the colonized nation. According to the majority of the documents given, assimilation into the world economy boosted the economy of the colonized nation, thus increasing the gener al well-being in said nation. Additionally, the colonizing nation would spread new technology, including things like medicine and agricultural technology. Of course, the colonizer would not just hand out life saving technology and then leave. Usually, the colonized nation would use the new technology under the supervision of the colonizer. The example of India proves this point. India benefited greatly from industrialization, which was brought about by the British. However, when the British discovered that India’s industrialization would cut them off from valuable raw materials, they halted the industrialization process, leaving India in very bad shape. If the British had allowed India to industrialize, the world would probably be a very different place today. Document 3 shows a cartoon that illustrates the point above. The cartoon shows how nations such as Cuba and the Philippines grew rich because of colonization. However, the cartoon is not indicative of total wealth in a nation. Colonization substantially increased the rich-poor gap in nations, so while a select few people mayShow MoreRelatedThe Age of Reason Essay921 Words   |  4 PagesAime Cesaire’s essay deals with the European hypocrisy that has existed for many years throughout European history. Cesaire studied liberal ideas that had sprouted in the Enlightenment period or the Age of Reason, a time where many new ideas sprang up. Reason was used to guide the actions of people and nations; no longer was religion the main force. Science became extremely important because it provided answers to questions. With the Enlightenment came ideas of liberalism. Before the Age of ReasonRead MoreNotes on Colonialism and Imperialism1489 Words   |  6 Pagesimperialism * European merchants and entrepreneurs made personal fortunes * Overseas expansion for raw materials: rubber, tin, copper, petroleum * Colonies were potential markets for industrial products * Political motives * Strategic purpose: harbors and supply stations for industrial nations * Overseas expansion used to defuse internal tensions * Cultural justifications of imperialism * Christian missionaries sought converts in Africa and Asia * Civilizing missionRead MoreThe And Its Effects On Africa1550 Words   |  7 Pages â€Å"In time, we shall be in a position to bestow on Africa the greatest possible gift - a more human face.†Ã¢â‚¬â€Steve Biko. The continent that the rest of the world looks down upon is struggling for a different reason than you may think. Though the white-washed, western world often believes Africa to be a land of inferior civilizations, inferior people, or inferior culture, all of these small civilizations that have spanned the continent for thousands of years cannot be blamed for any economic disadvantagesRead MoreThe Theory Of Biological Evolution1192 Words   |  5 Pagesspeeding the nation’s economy. In Europe, they too experienced the rise of industrialization; Europeans were also leaving the farms to migrate to cities in search of jobs, technology and trade. However, this new liberal capitalism upset the balance of power in the European society causing unrest. Prior to the 19th Century, religion provided the moral, governing perimeters throughout a society. Colonization, up until this point, was justified by divine right. Commoners did not question those inRead MoreThe s People, By Jared Diamond s Guns, Germs, And Steel : The Fates Of Human1617 Words   |  7 PagesDiamond goes on to explain why and how Australia and New Guinea became to be seen as â€Å"backward† states. Diamond explains that although there was a rise in population due to the development of agriculture, they were unable to progress as much as Europeans due to biological and geographical factors. Biographical factors in New Guinea included lack of protein from crops, few animals to do labor, and no epidemic diseases to keep away invaders. In Australia, the nomadic, hunter-gatherer lifestyle causedRead MoreThe s People, Jared Diamond s Guns, Germs, And Steel : The Fates Of Human Societies1634 Words   |  7 PagesDiamond goes on to explain why and how Australia and New Guinea became to be seen as â€Å"backward† states. Diamond explains that although there was a rise in population due to the development of agriculture, they were unable to progress as much as Europeans due to biological and geographical factors. Biographical factors in New Guinea included lack of protein from crops, few animals to do labor, and no epidemic diseases to keep away invaders. In Australia, the nomadic, hunter-gatherer lifestyle causedRead MoreThe s People, By Jared Diamond s Guns, Germs, And Steel : The Fates Of Human1617 Words   |  7 PagesDiamond goes on to explain why and how Australia and New Guinea became to be seen as â€Å"backward† states. Diamond explains that although there was a rise in population due to the development of agriculture, they were unable to progress as much as Europeans due to biological and geographical factors. Biographical factors in New Guinea included lack of protein from crops, few animals to do labor, and no epidemic diseases to keep away invaders. In Australia, the nomadic, hunter-gatherer lifestyle causedRead MoreThe And Its Effects On The Culture1333 Words   |  6 Pagesthe main character, Okonkwo, has to live his life in this sort of reality, is the perfect showcase. While Okonkwo is exiled, Umuofia is under this shadow of colonialistic power from Europeans. The ideas that are forced upon the culture can be put under that category of formidable violence. The tactics of the Europeans can be portrayed, â€Å"†¦the Reverend James Smith †¦ was a different kind of man. He condemned openly†¦ he saw things in black and white. Sand black was evil. He saw the world as a battlefieldRead MoreRacism : Racism And Racial Discrimination1425 Words   |  6 Pagesdifferentiation is scientifically false, morally condemnable, socially unjust and dangerous, and there is no justifi cation for racial discrimination, in theory or in practice, anywhere. In history, racism was a driving force behind conquest and the Transatlantic slave trade, and behind states based on racial segregation such as the United States in the nineteenth and early twentieth centuries and South Africa under apartheid. Practices and ideologies of racism are universally condemned by the United NationsRead MoreWhy Was Africa Colonised?1882 Words   |  8 Pageswas Africa colonised in the years 1870-1914? The Colonization of Africa was due to a wide range of factors, not only economic and political but also for social, religious, humanitarian and technological reasons, which differed from country to country. Africa’s diplomatic, strategic and material potential led European Powers to seize the opportunity to exploit a new continent. During a period between 1870 and 1914, where the continent of Africa was completely annexed by the leading European powers:

Monday, December 16, 2019

The Paper and Writing Game

The Paper and Writing Game What You Need to Know About Paper and Writing Use literary devices If you proceed through the samples published on the website of a custom made paper writing services, the only thing which you will discover familiar is the usage of literary devices. If your paper will probably have lots of images, you may create individual folders to hold your images. If you aren't certain how to then ask the computer department for support. Be certain you have all needed materials and data on hand. What the In-Crowd Won't Tell You About Paper and Writing Therefore, if you learn how to think, through writing, then you'll develop a well-organized, efficient mind and one which is well-founded and certain. There's no better approach to do so than to write. If you don't are given something specific, it's always feasible to choose something that may help save you a bit of time and researching. If you're a student, or anyone else who's going to do plenty of writing, the n you ought to provide yourself with the most suitable technology, especially now, when it's virtually costless to achieve that. If you're just like me and seem to get started working on the expression paper a couple of days before the deadline, you will adore the article. The secret is to continue to keep things current. You don't need to start at the start of the draft. Finding a draft you may safely go through it, verify the capacity of the writer to really do the job for you and peacefully earn a payment. You may search write my paper on the net and ask anyone worth help service to allow you to understand what your paper should look like. It's possible to also utilize conference paper sample to compose your own paper. It is possible to also learn to prepare paper presentation. Reading samples of response papers is also an additional way by which you can easily discover how to compose a reaction paper to documentary. A huge proportion of students are not able to write excellent research papers. You want to employ an organization that could satisfy that brief deadline but still offer you the very best high quality conference paper that will help you get good scores from your tutor or professor. Most conference paper writing companies provide completely free examples on their sites. It is essential that you select a trusted paper for conference writing service. With endless possibilities and a deadline just around the corner, it's no surprise that you have turned to Google for a tiny inspiration and hints on getting the ideal paper topic. The better you plan your work, the simpler it is going to be for you to get going on writing a good term paper. Everyone starts by writing a sentence on top of their paper. As an example, the writing styles that are utilized to write science papers are not accustomed to compose social science papers. You're not obliged to compose a paper that has rather difficult terminologies, unsung topics and things which are very hard to comprehend. To permit your readers to look at your sources, in case there are questions. You may also earn a list of potential questions that may come up from your term paper topic and think of means to answer them. You've got to choose a topic in which you have good expertise, and you're able to set your extra input.

Sunday, December 8, 2019

Climate Change and Poverty free essay sample

Over the past few decades, a major concern is the threat climate change possess for today’s economy. Millions of people are affected each and every day by climate change but this is just the beginning of the worst. One thing that seems to go unharmed by climate change is social status; how long will money last as a barrier to the effects of Mother Nature? How does poverty increase the risks associated the devastating powers of climate change? When speaking in terms of poverty many different categories arise. Poverty in America is different than poverty in Asia or Africa. Every country has faced poverty. It is inevitable; some countries however, face a disproportionately high percentage of poverty. Climate change affects many different aspects of each country. Each country is at risk of poverty due to climate change; however, poverty stricken areas are more economically, socially, and politically unprepared. Country’s economic standings are greatly affected by climate change Many people are confused as to how the changing climates affect the economy. Every country depends on agriculture and specific levels of water to generate specific revenues. The more poverty stricken areas rely on farming and water levels more so than well off countries. Most of these countries have not yet been fully developed like USA, Europe or some parts of Asia. Climate change threatens the potential future crop yields. Climate change could place an additional 5 to 170 million people at risk of hunger by the 2080’s (Rosenzwig and Parry). We are talking about a vicious never ending cycle of devastation. Countries depend on rain fall for agricultural growth; climate change affects the amount of rain fall from droughts to monsoon levels. Farming is at the mercy of water, leaving communities with the threat of possible starvation. Most of the poverty stricken areas rely solely on farming, not only for revenue, but also for nutrition. This being said, climate change drastically threatens a country’s economic status not just for the more poverty stricken areas but every country as well. Climate change and agriculture are intertwined processes; both take place on a global scale. The problem about climate change is that it has a very slow increase, such as one or two degrees a year. This does not seem to be that devastating. However, many crops are climate based such as grains and coffee, grapes used for wine production, and other fruits; even the slightest increase of temperature will and can affect these crops. Thus climate change is leaving already poverty stricken areas like India and northern Africa to await their drastic fate. Although low and middle income countries are only responsible for a small percentage of greenhouse gas emissions, the adverse health effects associated with climate change will fall disproportionately on the lower income countries; this inequity will further exacerbate global health disparities. The greatest social peril of climate change is how it affects health issues, especially those in poverty stricken areas. The changing of temperatures will further effect the ecology of diseases such as yellow fever, malaria, and dengue fever; socially the people most at risk are the elderly, very young, and the poor (McMichael). Millions of people below the poverty line and those in rural areas represent high risk populations who are exposed to myriad health risks, including poor sanitation, pollution, malnutrition, and a constant shortage of clean drinking water (Dhiman). Climate change is already taking a toll on the economical standings of poverty stricken countries; proceeding with the vicious cycle of social destruction, climate change seems to have no weakness. For instance, the summer of 2010 was the hottest summer on record in India, with temperatures reaching a record average of 122 degrees Fahrenheit. The effects were limitless: crops perish, livestock were killed, and thousands of people were hospitalized or killed (Burke). A study of 12 globally urban areas noted a 2. 80 – 5. 08 percent increase in mortality rate for each one degree increase above 29 degrees Celsius (Hajat). India has the highest amount of people living and suffering with AIDS; climate change affects the research and possible solutions of fighting off AIDS and other diseases. With limited resources such as water available not only would it be hard to make vaccines and cures it opens up an unprecedented amount of possible deaths. When looking at the corporate businesses and the undoing of the human habitat; the United Nations has sanctioned many organizations to track climate change such as the UNEP, the World Meteorological Organization and the IPCC. Since the mid-eighties, these agencies have monitored the changes, yet have failed o convey the significance. Studies done by these agencies have concluded that the last fifty years are attributable to human activities and big corporations which lead to the changing in the compositions of the atmosphere throughout the 21st century (Saltori). These activities that are mentioned are those by means of businesses that grew into national conglomerates. Concurrent with business growth, the greenhouse gas emissions have grown seventy percent from 1970 to 2004 (Lehner). Recent studies have shown that 122 corporations produce eighty percent of greenhouse gases (IPCC). The climate is going to drastically change the world forever, but at whose expense? What exactly does the political eminence of these companies have to do with climate change and poverty? The answer lies in yet another vicious never ending cycle. Corporations employ millions of people enabling the stimulation of the economy. The people in return purchase and live off of the money from the corporations. However, not only are people living off the companies, but they are also contributing to and enabling to the production of greenhouse gas emissions. Globally, we as a civilization have become accustomed to these conglomerates to survive, or so we ruminate. Poverty stricken areas lack these 122 multinational companies, yet they still feel their wrath. There is, however, undoubtedly a silver lining; the businesses and their bringing of our destruction may also be the key to our survival. We know that these 122 companies have in a way sealed our fate; yet they also bring many more attributes to the table. These companies are capable of stimulating the economy, advancing technology and are accomplished enough to lead the world to better health conditions. The UN established an adaption fund to help developing countries cope with climate change. With all these efforts only eighty million dollars was raised, which was miniscule to the actual amount needed. The United Nations and their sanctions also developed a refugee program for these underdeveloped countries; becoming a refugee country is harder than conquering world peace. They developed a three level program to help these countries with rules and regulations in place that become more drastic at each level. This program has developed these strict rules, so as to not have a recurrence of the refugees after World War II. The revenue from the businesses would easily be able to help the disadvantages they have created. Once these sanctions made from the UN and conglomerates can realize that they are the bringer of destruction and also the possible savior, the world may be able to breathe more easily. These companies are reporting constant growth in income. The company’s net worth is constantly on the rise while the poverty stricken areas are in need of help and rendered useless to the businesses devastating effects on climate change. The abundance of revenue would be a great help if donated to those sanctions created by the UN. In today’s world we face a harsh time ahead. Poverty stricken areas are more economically, socially and politically unprepared. The world is changing and it is for the worse. Climate change is affecting every national resource we as a global community need to survive. Underdeveloped countries are limited to their amount of resources and depend on those to survive. With the climate in the rise the production of many fruits, vegetables, grains and every country’s staples are all at risk. Countries’ livestock are included under the climate change’s pressure. The changing of the weather affects not only the heat, but also the rain fall from droughts to monsoons’ and floods and leads to unstable clean drinking water supplies. Poverty stricken areas are not able to produce certain health vaccines; climate change and the changing of waterfall seriously hinder their abilities to create more vaccines and provide accurate health care. Many viruses and illnesses â€Å"power countries† have and are able to treat and even cure are not as easily treatable in those underdeveloped countries. The most devastating aspect is realizing how the companies we take for granted are leading us to our doom. Producing eighty percent of greenhouse gases is unimaginable. What is more mind-boggling is that these 122 conglomerates hold the key to our salvation. These companies have the power, the wealth and time to fix their undoing and help right their wrongs. Millions of people are at risk to the effects of climate change. Going â€Å"green† is a simple yet wonderful way to help save our planet however, our efforts are useless to those in severely poverty stricken areas. The time to make awareness is now; the time to stand up is now; the time to act is now!

Sunday, December 1, 2019

Project Proposal Essays - Parking Lot, Parking, Kent, Ohio

Project Proposal INTRODUCTION Topic and Purpose This proposal identifies the need for a document, which will propose and develop reasons why a for-profit transportation service for Kent should be perused. This service should be considered because of the recent parking and commuting problems both on and off campus. There have been many reasons why on-campus parking has become difficult in recent years. Increased student enrollment at Kent State University has posed many problems. The parking lots cannot facilitate the growing need for vehicle parking. Campus officials have undertaken construction projects to curb the parking problem, but these renovations have closed lots in the near term. Also, the increased enrollment of students has caused overcrowding on campus buses. These on-campus parking problems also have indirectly affected off-campus parking problems. Off-campus parking in the city of Kent can be described as dismal. The bus service provided by Kent State University is not geared to individual parking needs and lacks the spontaneity students often crave. Increased challenges of off-campus parking include a higher degree of regulation from City Hall. Furthermore, limitations of guest parking at apartment complexes and leased property have increased at an increasing rate over the past three years. These off-campus and on-campus parking problems serve as catalysts for commuting problems across the board. The transportation problems of Kent go beyond that of parking. The campus buses that run from Kent to Akron and neighboring cities have operated inefficiently at best. The demand for student bus transportation has far exceeded the supply. Also, vandalism and automotive theft has nearly doubled since 1997. DUI convictions have quadrupled in the city of Kent since last year. The need for public transportation is quite clear. Because of this evident crisis in transportation, a solution must be in order. Scope This proposal will outline and validate the impending document generally. First the general nature of the document will be discussed; then the ensuing proposal will be outlined. DISCUSSION OF PROPOSAL Proposal The proposed document must be constructed to demonstrate the need for a new for-profit transportation service. It will present a business plan, and then go into detail about characteristics specific to this service. Methodology Information about competitive transportation services will be gathered. Questionnaires will be distributed to students and faculty of Kent State University in order to gather customer insight. Also, a financial consulting firm will be hired to provide professional assistance. Document Outline The proposed document will include the following specific sections. This outline is tentative and may be adjusted in accord with new developments. Description of Business Entity and General Operations Type of Business Type of Legal Entity Type of Facilities Organizational Structure Type of Service the Business will provide Features/Benefits Analysis Timetable for Completion of Development Business Facility Assessment General Location of Facility Equipment Needed for Operations Action Plans Operating Plan Financial Plan Management Plan CONCLUSION Benefits The current Kent State University parking and transportation crisis needs finality. Students, faculty, and citizens need comfort and peace of mind when commuting to school and other destinations. The proposed document will elicit an active response to this crisis and strive for commuting closure. Timeline The research will be completed by October 28. A rough draft will be completed by November 10. The final draft, with any suggested revisions, will be completed by December 7 to potential investors and lobbyists. Business

Tuesday, November 26, 2019

The True Meaning of Life Essays - Philosophy, Semantics, Free Essays

The True Meaning of Life Essays - Philosophy, Semantics, Free Essays The True Meaning of Life Hiral Patel November 19, 2014 PHI 100 ONLN3 Professor Donald Knudsen Over the course of years, philosophers have argued about the true meaning of life. Socrates and Plato believe that the meaning of life is knowledge. On the other hand, Epicurus believes that the true meaning of life is pleasure. Even we as humans have different views and beliefs on the meaning of life. Some people find that the American Dream is the true meaning of life. Others agree with Socrates and Plato and believe that education and knowledge are the keys. Some people just define their meanings by they culture. They use their traditions and family beliefs to shape the meaning of their lives. Sometimes, what people do throughout the day helps shape their life. Buying a house, relocating for better jobs, choosing to and not to conceive, all play parts in giving meaning to life. But what is the true meaning of human life? The true meaning of human life is based on culture and daily activities. The meaning of life refers to the importance and the purpose of life. Keeping these two prominent words in mind, life is the actual state of being alive. The meaning of life can be related to religion and culture. Growing up in societies where families are given more importance teaches the future generations that family is the meaning of life. In other cultures, independence is given more importance and the future generations grow up to believe that independence and freedom are the meanings to their life. In India, for example, family and traditions is given more importance than anything else. I have grown up to believe that my family and my culture come before anything else. They come before my friends and before my work. If I lose what defines me as a human being, then I will lose my true meaning of life. I have grown up to believe that my culture plays a main role and decides what my life is. I am merely a puppet who has to follow my cultural beliefs and focus my life on that o nly. Yes, I can get educated, get a job, teach and do whatever I want. But, I still have to give my family and traditions respect and importance. Similarly, all cultures carry their own beliefs that play roles in defining the lives of many individuals. The true meaning of life does not lie behind books increasing our knowledge. It does not lie behind holy books praying and meditating all day. In fact, the true meaning of life is human experiences. People engage in different activities throughout our life. Some people volunteer to help the needy, some play sports, others read and write. There are also few who just want to build their own family. These activities and decisions are what determine the definition of life for people. The true meaning of life is like a mirror, staring right back at people. It surrounds them as they go to work, as they study, as they go about doing their chores. If the mirror breaks, they are breaking their life. Their life has no meaning and is not filled with hope or dreams. All in all, their life is meaningless. Therefore, their life is their mirror. Although there is no transcendent meaning of life, people do believe that their daily life shapes the true meaning of their life. The true meaning of life is self-defined. People themselves define and give meaning to their life rather than philosophers or philosophy. Philosophers and philosophy just help people find their true meaning of life by opening them to different concepts and different forms of thinking. Some people's lives are shaped around their families and their cultures. Their families and cultures come before anything else. This is what they grow up to think and therefore this is what their meanings of life are. On the other hand, more independent and freethinking people do in their daily routines is what shapes their life. Some give importance to their work and are workaholics while others are more into their household duties. There is not just one meaning to life. The meaning of life is based on self-determination

Friday, November 22, 2019

Poekilopleuron - Facts and Figures

Poekilopleuron - Facts and Figures Name: Poekilopleuron (Greek for varied ribs); pronounced POY-kill-oh-PLOOR-on Habitat: Woodlands of western Europe Historical Period: Middle Jurassic (170-165 million years ago) Size and Weight: About 23 feet long and one ton Diet: Meat Distinguishing Characteristics: Large size; bipedal posture; relatively long arms About Poekilopleuron Poekilopleuron had the misfortune to be discovered in the early 19th century, at a time when virtually every large theropod was being assigned as a species of Megalosaurus (the first dinosaur ever to be named). An amazing number of famous paleontologists were involved, in one way or another, with this dinosaur: the type species, Poekilopleuron bucklandii, was named after William Buckland; in 1869, Edward Drinker Cope reassigned a now-defunct genus (Laelaps) as Poekilopleuron gallicum; Richard Owen was responsible for Poekilopleuron pusillus, which Cope later changed to Poekilopleuron minor; and later still, Harry Seeley reassigned one of these species to an entirely different genus, Aristosuchus. Amidst this frenzy of Poekilopleuron activity, at least one species of this middle Jurassic dinosaur was assigned to Megalosaurus, though most paleontologists continued to refer to Poekilopleuron by its original genus name. Adding to the confusion, the original skeleton of Poekilopleuron (Greek for varied ribs)which stood out for its complete set of gastralia, or ribs, a rarely preserved feature of dinosaur fossilswas destroyed in France during World War II, so paleontologists have since had to make do with plaster replicas (a similar situation prevails with the much bigger meat-eating dinosaur Spinosaurus, whose type fossil was destroyed in Germany). Long story short: Poekilopleuron may or may not have been the same dinosaur as Megalosaurus, and if it wasnt, it was a very close relative!

Thursday, November 21, 2019

The Impact of Mediation in Business Decisions Research Proposal

The Impact of Mediation in Business Decisions - Research Proposal Example Disputes may arise among employees, or labor union disputes against the company due to issues such as retrenchment, promotions, rewards, pay rise among a host of other problems. In these cases, conflict resolution is sought to settle the problems. There are several channels followed by different companies in making compromises in decision making including litigation, negotiation, mediation and arbitration. It is clear that more and more businesses are finding litigation a less popular option, and are seeking to adopt other channels. While mediation is quite efficient in making sound business decisions, few businesses make the decision to take it. It is thus imperative that considerable wealth of information needs to be generated on mediation, based on case studies. This will involve studying the mediation decision in terms of evidential reasoning, risk analysis, knowledge of what the decision entails and finally the impact of the decision on the business. Did mediation solve the prob lem or deadlock in decision making to the company’s satisfaction? This research will analyze mediation in all these areas with a bid to conclude on whether the decision to undertake it is satisfying in comparison to other methods. Thus, this research is particularly synchronous with Manchester Business School’s focus on addressing the issues affecting business leaders across the world. Under MBS, this research falls in the division for Decision analysis, support and risk management. Specifically, it will harmoniously integrate within the Decision and Cognitive Sciences Research Centre (DCS), where the decision to undertake mediation by businesses will be studied in terms of evidential reasoning, risk analysis, and impacts. LITERATURE REVIEW Business disputes are usually settled through several ways which can be broadly categorized into two; litigation and alternative dispute resolution. Litigation involves visiting law courts to have the dispute settled by a judge whil e alternative methods include negotiation, arbitration, mediation and arbitration. There is compelling evidence that the decision to take alternative dispute resolution methods over litigation is a wise one especially in terms of two very important things; time and cost savings (Paul 1). Other benefits include the fact that both parties conscript the services of neutral expertise (National Arbitration Forum 4). Alternative dispute resolutions also bring about flexibility which is absent in litigation. This is through innovation and ingenuity in the processes involved in a fashion that a court may not undertake (5). Amicability, confidentiality and party representation are also other benefits over litigation (6). One of the main setbacks to these methods of resolution is the compromise involved, which may be counteractive. The other disadvantage is that the lack of public scrutiny (Spangler, 2003). To disambiguate among the various strategies used in alternative dispute resolution is important since several business leaders are largely ignorant on the different concepts. First, mediation differs from arbitration in terms of the fact that arbitration is an adjudicative process that involves hiring an adjudicator to hear out the dispute and make a decision that is usually enforceable in court. In mediation however, the mediator does not make a decision for the parties, while another difference is that mediation is a voluntary process with nonbinding agreements (Shakman et al, 2001). Among the methods involved in alternative dispute resolution, it has been found that most businesses decide to use arbitration and negotiation over mediation, despite of much

Tuesday, November 19, 2019

Is Hamlet insane or merely pretending insanity Why Essay

Is Hamlet insane or merely pretending insanity Why - Essay Example The ambience is eerie and unnerving. The appearance of the ghost makes it even more mysterious and intense. In such a context it is difficult to maintain composure and remain sane and more so for a prince. A question about Hamlet’s insanity may be put in the mind of the audience due to the appearance of the ghost and Hamlet’s speaking to it. But it is offset by the earlier appearance of the same ghost in Elsinore, after the stroke of twelve, in front of Horatio, Bernardo and Marcellus and vanishing by the sound of the morning cock. Thus Hamlet is not uniquely mad to have witnessed the visitations of the ghost of his father. However as the play progresses, we come to know clearly that Hamlet is not mad. He has planned to feign madness in order to convince his enemy that he is unaware of the truth about his father’s foul murder by his uncle. In the beginning Hamlet is distressed and says: â€Å"O God! O God! How weary, stale and unprofitable seem to me all the use s of the worlds.† He seems to be undergoing tremendous depression. In Elizabethan age, hallucinations were often associated with acute depression. Thus, in the beginning, it might seem that out protagonist is going through a period of deep depression of un-proportionate amount and this justifies the visions of the ghost. This type of thought was prevalent in the Elizabethan era. The unexpected death of his father and the almost instant re-marriage of his mother to his uncle were causes good enough to cause mental and emotional instability and unhinge his mind. Instead we see that despite his deep grief, he immediately transforms into his own, normal, commanding self when the players enter: â€Å"You are welcome, masters; welcome, all. I am glad to see thee well.† Hamlet in fact can be viewed to possess an extremely logical and cunning mind. He himself is not sure about the truthfulness of the ghost’s pronouncements. To ensure that it is not a trap laid by an evil spirit, he plans to write a play about the truth that he believes about his father’s death and plans to play it in front of the King and the Queen. He also warns his close friend Horatio and asks him not to be alarmed at his â€Å"antic disposition†. He sets the trap and during the play he sets his eyes on his uncle to follow his reactions as the play unfolds. He hurriedly leaves. Hamlet is convinced and starts planning his next steps. Hamlet plays the role of his contrived madness very convincingly. Ophelia thinks that he has been â€Å"loosed out of hell. To speak of horrors he comes before me.† Polonius is also convinced that Hamlet is madly in love with Ophelia: â€Å"He knew me not at first; he said I was a fishmonger; he is far gone, far gone†¦Ã¢â‚¬  Hamlet is so clever that he even convinces his mother Queen Gertrude: â€Å"Alas how is’t with you†¦Ã¢â‚¬  The queen’s suspicion is even more aggravated when Hamlet again experienc es his father’s visitations in front of his mother. He also speaks to it and this convinces the queen that his son is â€Å"mad as the sea and wind†. In fact Hamlet’s manifestations of madness changes according to the persons he is which. He feigns madness in front of Polonius, Claudius, Gertrude, Ophelia, Rosencrantz and Guildenstern. But in front of Horatio, Bernardo, Francisco and the Actors in the play, he acts normally. However Polonius says that: â€Å"actions although strange, do not appear to stem from madness. Polonius

Saturday, November 16, 2019

Pros of British Imperialism in Africa Essay Example for Free

Pros of British Imperialism in Africa Essay The British colonized Africa from Egypt in the north to South Africa. Extension of a nation’s power through conquering overseas territory, know as imperialism had several motivations. Nationalism urged the nations of Europe to conquer land overseas. Having colonies was seen as a matter on national prestige, it was a symbol of the nation’s greatness. Lands in Africa, rich in raw materials and markets, were seen as economic opportunities for the European nations. Along with the rest of Europe Britain participated in the Scramble for Africa. The biggest urge to colonize was brought on by the economic benefits that the colonies would bring. Africa was seen as a major source of possible income, with its’ raw materials and markets for European manufactured goods. Around the 19th century, as the interest in slave trade declined other forms of trade became increasingly interesting, European powers continued to seek income. The Westerners had a keen interest in Africas natural resources such as animal hides, palm oil, peanuts, rubber, timber, and tin. The growing European presence led to increasing tensions in the region. British colonization of Africa began in 1874. British imperialism started with the annexing of the west costal states (which became the Gold Coast colony) and establishing a protectorate in Nigeria. Around 1914, the Scramble for Africa had ended; Britain was in charge of a huge part of the continent. Britain controlled Anglo-Egyptian Sudan, Bechuanaland, British East Africa, British Somalia, Egypt, Gambia, Gold Coast, Nigeria, Northern Rhodesia, Nyasaland, Pemba, Seychelles, Sierra Leone, Southern Rhodesia, Uganda, Union of South Africa, Walvis Bay, and Zanzibar. The size of the British reign over Africa was greater than that of any other nations. An aspiration of the British was to stretch a telegraph line from their northern colonies to their southernmost ones. Cecil Rhodes, a successful British businessman, can be credited for the vastness of the British control in Africa. One of his ambitions was to create a series of British colonies from Cape Town to Cairo, all connected by a railroad. In fact, Cecil Rhodes was partially responsible for sparking the Boer War which lasted from 1899 to 1902. Soon after, the British government made Rhodes to resign from his post as head of Cape Colony. Ultimately, his goal was to gain as much territory in Africa as possible for the British. Not only did imperialism provide the colonizing country with profit, the colonized lands and people also benefited from it. Western nations brought useful innovations and improvements to the people’s lives. Some of the technological advances were telegraphs, railroads, and telephones. More importantly, stable government systems, Western education, hospitals, were introduced to the colonized lands to improve the overall living standards. The British were able to bring these innovations to the continent of Africa and help the nations under their imperialistic rule. Imperialism is the extension of a nation’s power over other lands. A nation with colonies was viewed as superior to those without; it was able to sustain its’ place amongst the leading powers. Imperialism allowed a country to control faraway lands, rich in natural resources and local markets, and profit economically. Imperialism was beneficial not only to the imperialistic nation, but the colony as well.

Thursday, November 14, 2019

Childhood, Politics, and Satire in The Child in Time Essay -- The Chil

Childhood, Politics, and Satire in The Child in Time    For most children there is a strong desire never to grow up. This ‘Peter Pan’ complex has a large impact on most children and therefore very many adults later in life. Many of the images in The Child in Time are related to this desire, and the title is possibly directly related to the concept.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Kate is the first example of this eternal youth. She is not killed by any significant event - she does not succumb to a disease nor is she struck my an unfortunate accident - instead, during what would be a completely standard and banal trip to the supermarket she is abducted. There is not really a feeling that she has been lost for a reason; she disappears without notice or any provocation. Kate achieves this dream - the desire to be a child always, and it is as she, where others had not been so fortunate, had managed to wish hard enough to allow childhood to surrounded her so completely that she could not be touched by the exterior world. Kate becomes a child forever, as the title suggests, she exists as much, or more, as a ‘child in time’ as an actual person, living and growing. To Stephen she will always be the child she was when he last saw her, and her only growth can be achieved by superimposing on her personality a ste reotyped caricature of what a child her age would be - a child hoping for a walkie-talkie set for her birthday - without her own eccentricities, or personal characteristics.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   When Stephen tries to recapture Kate, in the scene in the primary school, he too is overwhelmed by childhood. Without thinking he is drawn into a lesson and becomes a stereotyped student until he is able to break out of this strange reality and return to ... ...f Nuclear apocalypse without moving, except for another drink. He does seem actively very eager not to address his unhappiness at Kate’s abduction, even to the lengths that he takes up Arabic and Tennis. Both Tennis and Arabic, however, seem associated with youth - tennis as a game played whilst still young, and active - though Stephen finds he is not really active enough to play; and Arabic, which he views as to be learnt in a very scholastic manner - he calls his tutor be his surname, and does not speak to him about anything but the lesson at hand.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   McEwan portrays childhood as a very powerful and important force, and The Child In Time focuses on someone for whom this is especially potent. He seems to try to highlight different views of childhood, through time and between political theories, using The Child In Time as a reasonable successful satire.

Tuesday, November 12, 2019

Computer Virus and World Wide Web Essay

1. Workstation and desktop devices are prone to viruses, malware, and malicious software, especially if the user surfs the Internet and World Wide Web. Given that users connect to the Internet and World Wide Web, what security countermeasures can organizations implement to help mitigate the risk from viruses, malware, and malicious software? Organizations can restrict specific sites, key words like blogs, mirror sites and such. Organizations can also make sure specific ports are shut down; this can prevent back doors when accessing a site. There are a lot of web sites out there that do not need accessibility, especially for a work environment. 2. Your employees e-mail file attachments to each other and externally through the organization’s firewall and Internet connection. What security countermeasures can you implement to help mitigate the risk of rouge e-mail attachments and URL Web links? The basic step would be to not allow hyperlinks to automatically work when in an e-mail. Some times when a link is in a user can click and it will automatically launch it. Another step would be for the e-mail to have the user’s signature. This is usually verified through the user’s machine, for example in the military we have a Common Access Card. This card is a form of identification on multiple levels, in order for you to access your e-mail you need to log in with your CAC and enter your pin. When you send an –mail it has a signature on it based on the code in your CAC, this way the person receiving the e-mail knows it is from you. Another way of doing it is by having public keys and private keys, this way both users know it is from the individual. 3. Why is it recommended to do an antivirus signature file update before performing an antivirus scan on your computer?  From what the lab showed me and from my understanding it is because the scan will not scan encrypted files. The signature file would have been able to pick it up and it would work in tangent with the scan. 4. Once a malicious file is found on your computer, what are the default settings for USB/removable device scanning? What should organizations do regarding use of USB hard drives and slots on existing computers and devices? Some devices have serial numbers associated with them, and this string is optional. This is defaulted with thumb drives, USB hard drives and PDAs. Most scanning and tracking details would be of most use with the USB mass storage devices. Organizations should immediately remove the AUTO run feature! This is basic in the military, any one would be able to come in and throw a thumb drive and automatically run whatever it is on it making it a vulnerability. 5. If you find a suspect executable and wish to perform â€Å"dynamic analysis† what does that mean? Dynamic analysis is the testing and evaluation of a program by executing data in real-time. The objective is to find errors in a program while it is running, rather than by repeatedly examining the code offline 6. What is a malware and malicious code sandbox? This can be potentially dangerous but it is looked like as a sandbox. This is by running the virus, preferably in a machine with limited access to a network and something that isn’t much of a use and executing the virus in real time. This way you can debug the virus and see what is it doing so you can detected and prevent it. 7. What are typical indicators that your computer system is compromised? It is slow, everything you do takes a lot longer to perform. You are missing data, your peripherals are not responding or they are performing automatic actions. Your computer starts up during odd hours and it is used as a zombie computer. You have additional items on your browser, you have an entirely different browsers, items are opening up and there are a lot of pop ups. 8. Where does AVG Business Edition 2012 place viruses, Trojans, worms, and other malicious software when it finds them? According to the lab it is quarantined, it is isolated and then removed by the user’s request. I am assuming it is then directed to the AVG corporations for further analysis fir updates.

Saturday, November 9, 2019

Agency Problem Essay

Financial Management (Agency problem) Prepared by: Sami Hassan Saeed Singabi August 2008 Introduction Economic science teaches us that due to their subjective needs, individuals have subjective preferences, and hence different interest. Occasionally different subjective interests give rise to conflicts of interest between contracting partners. These conflicts of interest may result in turn, in one or both parties undertaking actions that may be against the interest of the other contracting partner. The primary reason for the divergence of objectives between managers and shareholders has been attributed to separation of ownership (shareholders) and control (management) in corporations. As a consequence, agency problems or principal-agent conflicts exist in the firm. Agency theory deals with such problem. Agency theory is concerned with how these agency problems affect the form of the contract and how they can be minimized, in particular, when contracting parties are variously informed (or uncertain). Agency problem A problem arising from a conflict of interest between principals such as investors and agents acting for them, such as brokers or managers. Agency problem refers to a conflict of interest arising between creditors, shareholders and management because of differing goals. It exists due to problems in corporate governance. A typical problem is that of senior management of a company, who are charged with running the business in the interests of shareholders; choose instead to operate to maximize their own interests. A simple example is the hired anager who fills his pockets at shareholders’ expenses. For example, an agency problem exists when management and shareholders have conflicting ideas on how the company should be run. Agency problems that arise in a corporation have troubled economists for some time. There are a number of mechanisms that have been used to try and reduce these agency problems. Many of these mechanisms try to link the manager’s compensation to the per formance of the firm. Typical examples include performance shares, restricted stock grants, and executive stock options. This dissertation is an empirical study of whether the use of executive stock options has in fact reduced the agency problems between managers and stockholders. In this dissertation, two different testing methodologies are used to address the agency problem reduction issue. One methodology looks at some significant event such as a merger or divestiture to see if an executive’s holding of stock options affect what decisions are made. For example, do larger holdings of stock options motivate managers to take on riskier investments? By increasing the risk of the firm, managers can increase the value of the stock options. Another question of interest is whether in taking on risky investments; do executives increase the leverage of the firm? By increasing the leverage of the firm, the executive might increase the risk of the firm and thus the value of the option holdings. An agency relationship An agency relationship arises whenever one or more individuals, called principals, hire one or more other individuals, called agents, to perform some service and then delegate decision-making authority to the agents. The primary agency relationships in business are those :- (1) Between stockholders and managers and 2) Between debt holders and stockholders. These relationships are not necessarily harmonious; indeed, agency theory is concerned with so-called agency conflicts, or conflicts of interest between agents and principals. These relationships are not necessarily harmonious; indeed, agency theory is concerned with so-called agency conflicts, or conflicts of interest between agents and principals. Expansion increase potential agency problems, if you expanded to additional locations you could not physically be at all locations at the same time. Consequently, you would have to delegate decision-making authority to others. Creditors can protect themselves by: (1) Having the loan secured. (2) Placing restrictive covenants in debt agreements. (3) They charge a higher than normal interest rate to compensate for risk. Agency cost A type of internal cost that arises from, or must be paid to a manger acting on behalf of shareholders. Agency cost arises because of core problems such as conflicts of interest between share holders and management. Shareholders wish for management to run the company in away that increases shareholders value, but management may wish to grow the company in away that maximize their personal power and wealth that may not be in the best interest of shareholders. Agency costs are inevitable within an organization whenever shareholders are not completely in charge; the cost can usually be best spent on providing proper material incentives and moral incentives for agents to properly execute their duties, thereby aligning the interests of shareholders (owners) and agents. The principals (the shareholders) have to find ways of ensuring that their agents (the managers) act in their interests. This means incurring costs, ‘agency costs’, to (a) monitor managers’ behavior, and (b) create incentive schemes and control for managers to pursue shareholders’ wealth maximization. Various methods have been used to try to align the actions of senior management with the interests of shareholders, that is, to achieve ‘goal congruence’. Linking rewards to shareholder wealth improvements: Owners can grant directors and other senior managers share options. These ermit the managers to purchase shares at some date in the future at a price, which is fixed in the present. If the share price rises significantly between the dates when the option was granted and the date when the shares can be bought the manager can make a fortune by buying at the pre-arranged price and then selling in the market place. The managers under such a scheme have a clear interest in achieving a rise in share price and thus congruence comes about to some extent. An alternative method is to allot shares to managers if they achieve certain performance targets, for example, growth in earnings per share or return on shares. Sackings: The threat of being sacked with the accompanying humiliation and financial loss may encourage managers not to diverge too far from the shareholders’ wealth path. However this method is seldom used because it is often difficult to implement due to difficulties of making a coordinated shareholder effort. Selling shares threat and the take- over: Most of the large shareholders (especially institutional investors) of quoted companies are not prepared to put large resources into monitoring and controlling all the firms of which they own a part. Quite often their first response, if they observe that management is not acting in what they regard as their best interest, is to sell the share rather than intervene. This will result in a lower share price, making the raising of funds more difficult. If this process continues the firm may become vulnerable to a merger bid by another group of managers, resulting in a loss of top management posts. Fear of being taken over can establish some sort of backstop position to prevent shareholder wealth considerations being totally ignored. Corporate governance regulations: There is a considerable range of legislation and other regulatory pressures (e. g. the Companies Act) designed to encourage directors to act in shareholders’ interests. Within these regulations for example, the board of directors is not to be dominated by a single individual acting as both the chairman and chief executive. Also independently minded non-executive directors should have more power to represent shareholder interests; in particular, they should predominate in decisions connected with directors’ remuneration and auditing of firm’s accounts. Information flow: The accounting profession, the stock exchange, the regulating agencies and the investing public are continuously conducting a battle to encourage or force firms to release more accurate, timely and detailed information concerning their operations. An improved quality of corporate accounts, annual reports and the availability of other forms of information flowing to investors and analysts such as company briefings and press announcements help to monitor firms, and identify any wealth-destroying actions by wayward managers early. Conclusion Diffuse ownership of publicly held companies reduces the owners’ ability to monitor managers because they would have to bear the full monitoring costs while gaining only a small marginal benefit. Managers may therefore act to maximize their wealth through personal use of corporate assets, stock manipulation and sub optimal decisions at the owners’ expense. Thus agency theory practical mechanism is weak, because it is unable to provide practical conclusions with regard to agency problems. References: 1. Wikipedia, the free encyclopedia. htm 2. www. referenceforbusiness. com 3. Financial-dictionary. The free dictionary. com

Thursday, November 7, 2019

Jeffersons Presidency essays

Jefferson's Presidency essays Behind the Scenes: Jeffersons Presidency The Jeffersonian Republicans are typically considered to be stringent constructionists. The Federalists usually were considered to favor the broad constructionism. This is often just a stereotype, especially when the presidencies of our great, but misleading, Presidents Jefferson and Madison. The Jeffersonian Republicans, to only a small extent, represented what the party truly stood for, and the Federalists also to a small margin swayed from their partys ideas. The Republicans often stood for the idea of a weaker central government, not giving too much power to one man. This principle was sometimes overlooked by Jefferson. ...mine tells me that the civil powers alone have been given to the President of the U.S. (DOC A). Another policy that the Republicans deeply believed in, but Jefferson did not follow in his presidency, was strict constructionism. ...laws and institutions must go hand in hand with the progress of the human mind...institutions must advance also and keep pace with the times. (DOC G). Jefferson also was quite afraid of the Government and the constitution, which led to Jeffersons Rebellion (1800). The Federalists were known for their desire for an all powerful central government, but sometimes the party members did not believe in this type of government. ...he will at any time be able to prove quite as clearly that congress has power to create a dictator. (DOC D). Even at the Hartford Convention many Republican-resembling resolutions were accepted. Congress shall not have power, without concurrence of two-thirds of both houses. (DOC E). Madison also states, in his proposal for war, that the constitution was better due to its inflexibility. Also during the Hartford there were no propositions for a change in the Constitution which is not a good representative of Federalist ideals. ...

Tuesday, November 5, 2019

Head Used in Idioms and Expressions

'Head' Used in Idioms and Expressions The following idioms and expressions use the noun head. Each idiom or expression has a definition and two example sentences to help understanding of these common idiomatic expressions with head.   Able to do something standing on ones head Definition: do something very easily and without effort Hes able to count backward standing on his head.Dont worry about that. I can do it standing on my head. Bang your head against a brick wall Definition: do something without any chance of it succeeding Ive been banging my head against a brick wall when it comes to finding a job.Trying to convince Kevin is like banging your head against a brick wall. Beat something into someones head Definition: teach someone something by repeating it over and over again Sometimes you just need to beat grammar into your head.My father beat the importance of kindness into my head. Bite someones head off   Definition: criticize someone strongly Tim bit my head off last night at the party.Dont bit my head off just because I made a mistake. Bring something to a head   Definition: cause a crisis to happen We need to bring the situation to a head to get a resolution.The immigration situation brought the political crisis to a head. Bury ones head in the sand   Definition: ignore something completely Youre going to have to face the situation and not bury your head in the sand.He chose to bury his head in the sand and not confront her. Cant make heads or tails out of something Definition: not be able to understand something I hate to admit that I cant make heads or tails out of this math problem.The politicians cant make heads or tails out of the current employment crisis.   Drum something into someones head Definition: repeat over and over until someone learns something I had to drum German grammar into my head for two years before I could speak the language.I suggest you drum this into your head for the test next week. Fall head over heels in love Definition: fall deeply in love She fell head over heals in love with Tom.Have you ever fallen head over heels in love? From head to toe Definition: dressed or covered in something completely Hes dressed in blue from head to toe.Shes wearing lace from head to toe.   Get a head start on something Definition: begin doing something early Lets get a head start on the report tomorrow.She got a head start on her homework immediately after school. Get your head above water Definition: keep going in life despite many difficulties If I can find a job Ill be able to get my head above water.Study these pages and youll get your head above water. Get someone or something out of ones head Definition: remove someone or something from your thoughts (often used in the negative) Im really upset that I cant get her out of my head.She spent three years getting those experiences out of her head. Give someone a heads start Definition: let someone else begin before you in  a competition of some kind Ill give you twenty minutes heads start.Can you give me a heads start? Go over someones head Definition: not be able to understand something Im afraid the joke went over her head.Im afraid the situation goes over my head.   Go to someones head Definition: make someone feel better than others His good grades went to his head.Dont let your success go to your head. Stay humble. Have a good head on your shoulders Definition: be intelligent Shes got a good head on her shoulders.You can trust him because hes got a good head on his shoulders. Head someone or something off Definition: arrive before someone or something else Lets head them off at the pass.We need to head the problem off. Hit the nail on the head Definition: be exactly right about something I think you hit the nail on the head.His answer hit the nail on the head. In over ones head Definition: do something that is too difficult for a person Im afraid Peter is in over his head with Mary.Do you ever feel that youre in over your head? Lose your head Definition: become nervous or angry Dont lose your head over the situation.She lost her head when he told her he wanted a divorce. Learn more idioms and expressions in English with resources on the site, including stories with multiple idioms and expressions in context.

Sunday, November 3, 2019

Define the Joint Commission stand on the use of Electronic Health Essay

Define the Joint Commission stand on the use of Electronic Health Records and requirements for use - Essay Example The Joint Commission is responsible for verifying that the health organizations are using the electronic systems correctly in their activities of providing quality patient care (Joint Commission Resources, 2001). The 2008 alert from the sentinel event of the Joint Commission of the United States stipulates that as the technologies are being increasingly adopted by various organizations concerned with health issues. The commission suggests that their users should be careful of the security risks along with the prevention of the adverse effects that the systems can bring forth. These adverse effects can occur due to errors in commission or errors in omissions (Green & Bowie, 2010). They additionally suggest that these adverse effects usually stem from human or technological errors and should be greatly avoided. For example, in the year 2006 the Joint Commission found out that Pharmacopeia databases had over a hundred and fifty thousand errors on the medications issued and a quarter of them consisted of computer technology errors (Joint Commission Resources, 2001). The commission additionally suggests that the health organizations making use of the electronic records on health should use certif ied systems in meaningful manners (Abdelhak, 2007). This should be for the purposes of exchanging information that will lead to improvements in the quality of health care provided. They have clearly stated that the systems should also be utilized in the submission of clinical quality and other measures within the health organization (Green & Bowie, 2010). The commission carries out its accreditation activities on healthcare organizations through surveys on their sites every three years. Accreditation is awarded on the basis that an organization is complying with the requirements of HIPAA (Health Insurance Portability and Accountability) Act of 1996. These requirements include issues like information management, the management of