Wrtng 3 extra paper Essay Example | Topics and Well Written Essays - 250 words

Wrtng 3 extra paper - Essay Example More so, in addition to the skills noted, writing and analytical skills were enhanced in terms of looking at the ethical issues from various perspectives: from the organizations that represent the business profession, as well as government institutions that monitor and regulate the need to observe ethical standards that need to be conformed. One was thereby more made aware of the federal regulations in terms of ensuring anti-bribery laws are taken seriously and adhered to. With regards to revision plans for the paper, one could envision that should there be more time and space allotted to write a more comprehensive paper on the issue, more actual experiences in contemporary organizational setting could be provided. Further research could be conducted to determine the extent of bribery that still exists in current times and which famously known business organizations have been penalized for violating the federal law. Likewise, one is cognizant of the fact that the paper was presented by taking into consideration the audience’s understanding of the issue. However, one could not truly discern the veracity of this from the audience’s points of

Designing a process of Intercultural aspects of conflict resolution Essay Example for Free

Designing a process of Intercultural aspects of conflict resolution Essay In the course to evolve a systematic cultural response to conflict, the first step is to breed familiarity among cultures that adds plurality and multicultural dimension to broaden existing views. In the process of evolving cultural familiarity communication, approaches towards conflict, cultural interpretation of life and identities and roles are identified as essential parameters (Carbaugh, 1990). Out of these, role and range of communication has already been discussed. Now it is time to look at rest of three factors. Responses towards a conflict situation are largely culture dependent, guided by the ways each culture has systemized itself towards conflict. Direct and straightforward ways of approaching conflict, generally acceptable in western society, may seem threatening and offensive in eastern cultures accustomed to third party negotiations. Similarly, cultures that follow calm and reasonable response to conflict, may feel intimidated by emotional and passionate response to conflict situation (Carbaugh, 1990). Cultural interpretation of life sets the starting point for people that forms basis of their thinking, values and philosophy, eventually deciding the role they would play in every conflict and their outcome they come across. It is the cultural orientation that makes societies disciplined or diffused, generalized or specific, value oriented or bohemian, and cooperative or isolated (Carbaugh, 1990). Hence cultural conflict resolution ultimately depends on the depth of understanding attained through interaction. References Burrel, N. A, 1990. Theory and Research in Conflict Management. edit M. Afzalur Rahim editor. Praeger Publishers. :New York Rahim, M. A (2001), Managing Conflict in Organizations. Contributors: M. Afzalur: Quorum Books. Westport, CT Handbook of Conflict Management. (2003) . Jerri Killian ,William J. Pammer Jr. (edits): Marcel Dekker. New York. Womack, D. F, 1990. Theory and Research in Conflict Management. edit M. Afzalur Rahim editor. Praeger Publishers.:New York. Leborn, M. 2003. Culture and Conflict. Accessed online on 17. 11. 2007. http://www. beyondintractability. org/essay/culture_conflict/ Grosse, C. U. 2002. Managing Communication within Virtual Intercultural Teams Business Communication Quarterly, Vol. 65, 2002. Holliday, A. , Hyde, M. ,, Kullman, J. 2004. Intercultural Communication: An Advanced Resource Book; Routledge, Carbaugh, D. 1990 Cultural Communication and Intercultural Contact; Lawrence Erlbaum Associates.

Of Mice and Men, 3 Characters with Loneliness :: essays research papers

Loneliness is the sadness resulting from being forsaken or abandoned. John Steinbeck brought up the theme of loneliness in many characters in Of Mice and Men. Crooks, Curley?s wife, and Candy expressed the theme of loneliness in many different forms throughout the story. Early in the novella George said, life working as ranch hands is on the loneliness lives to live, for these people finding friendship seems to be impossible. Crooks expressed feelings of loneliness through out Of Mice and Men. Crooks? loneliness is caused because he is black, at the time the story took place there was racism. Since Crooks is black he wasn?t able to socialize with the white men. When Steinbeck describes all of Crooks? possessions, it shows that Crooks has been at the ranch a long time and that his possessions are all the he cares about. In Crooks? room, Lennie comes to talk to him. Crooks is cautious at first, this was from the years of racism that Crooks endured, he learned not to associate with white folk. Steinbeck expresses the theme of loneliness in the character of Candy. Candy is lonely because his is missing half an arm. Candy?s disability separates him from society, an example of Curley being set aside is when everybody else goes to town he is left in the barn with Crooks, Lennie, and Curley?s wife. Candy?s only friendship was with his old, smelly dog. Candy?s dog was a symbol of himself (old, and useless). When Carlson kills Candy?s dog he kills Candy on the inside as well. Curley?s wife had the most pathetic and depressing life. Curley?s Wife spent her whole life trying to grab attention. She was always labeled and ignored by everyone on the ranch, an example of this is when George tells Lennie that she was trouble and to stay away from her. Curley?s wife was ignored and used from early on, when she was given false intentions on being a movie star. Of Mice and Men, 3 Characters with Loneliness :: essays research papers Loneliness is the sadness resulting from being forsaken or abandoned. John Steinbeck brought up the theme of loneliness in many characters in Of Mice and Men. Crooks, Curley?s wife, and Candy expressed the theme of loneliness in many different forms throughout the story. Early in the novella George said, life working as ranch hands is on the loneliness lives to live, for these people finding friendship seems to be impossible. Crooks expressed feelings of loneliness through out Of Mice and Men. Crooks? loneliness is caused because he is black, at the time the story took place there was racism. Since Crooks is black he wasn?t able to socialize with the white men. When Steinbeck describes all of Crooks? possessions, it shows that Crooks has been at the ranch a long time and that his possessions are all the he cares about. In Crooks? room, Lennie comes to talk to him. Crooks is cautious at first, this was from the years of racism that Crooks endured, he learned not to associate with white folk. Steinbeck expresses the theme of loneliness in the character of Candy. Candy is lonely because his is missing half an arm. Candy?s disability separates him from society, an example of Curley being set aside is when everybody else goes to town he is left in the barn with Crooks, Lennie, and Curley?s wife. Candy?s only friendship was with his old, smelly dog. Candy?s dog was a symbol of himself (old, and useless). When Carlson kills Candy?s dog he kills Candy on the inside as well. Curley?s wife had the most pathetic and depressing life. Curley?s Wife spent her whole life trying to grab attention. She was always labeled and ignored by everyone on the ranch, an example of this is when George tells Lennie that she was trouble and to stay away from her. Curley?s wife was ignored and used from early on, when she was given false intentions on being a movie star.

Divisional Hurdle Rates – Randolph Corporation

Introduction The Randolph Corporation is a multidivisional producer of electric sanders, sandpaper, industrial grinders and sharpeners, and coated ceramics. The Corporation also has a real estate development division. The diverse product lines of the company divide the corporation into four divisions, namely, real estate, ceramic coatings, equipment manufacturing and home products. The Randolph Corporation Stock performed below expectations recently, when compared to other player in the industry. The company’s main problem is believed to lie in the financial planning processes and in the risk consideration.To tackle these problems the assistant to the firm’s vice president suggests a target capital structure of 45% debt in every division and differing hurdle rated for low, average, and high risk projects. This paper critically reviews the different suggested measures and finally proposes measures that should be taken to improve the performance of the Randolph Corporatio n. Divisional Hurdle Rates To estimate the hurdle rates for every division of the Randolph Corporation that weighted average cost of capital (WACC) have to be calculated for every division. To apply the formula of the WACC the costs of equity have to be known.The cost of equity can be determined through the Capital Asset Pricing Model (CAPM). The results for every division’s equity cost and the computation of the hurdle rates can be seen in the Appendix. The divisions with higher risk have higher weighted average cost of capital. WACC/Hurdle Rate Real Estate9. 19% Ceramic Coatings10. 24% Equipment Manufacturing10. 55% Home Products9. 34% Fig. 1: Hurdle rate per division To account for different levels of risks between the company’s projects the assistant of the vice president suggested an inclusion of different levels of risk within every division’s capital budgeting procedure.Managers in the divisions are asked to classify projects as high, average or low risk. Rather risky projects will hereafter be evaluated at a hurdle rate of 1. 2 multiplied by the divisional rate, projects of average risk are to be evaluated at just the divisional rate while low risk projects have a hurdle rate of 0. 9 multiplied by the divisional rate. This produced the following rates, as shown in figure 2. WACC/Hurdle Rate Low RiskAverage RiskHigh Risk Real Estate8. 27%9. 19%11. 02% Ceramic Coatings9. 22%10. 24%12. 29% Equipment Manufacturing9. 49%10. 55%12. 66% Home Products8. 0%9. 34%11. 20% Fig. 2: Hurdle rate per division and risk level At this time the risk adjustment factors discussed here must be reviewed with a critical eye. Accoring to Brigham & Daves (2007), there is no theory that could serve as a foundation of justification for the size these risk-adjustment factors. The authors say that there is no specific value that can be assigned to accurately adjust for the risk and therefore determine higher or lower discount rates. Corporate Beta & Cost of Capi tal Taking a weighted average of the four divisional betas gives the overall corporate beta.The corporate beta is therefore affected by changes of the divisional weights and by changes of the individual beta of the particular divisions. The two following scenarios will illustrate this issue. The Corporate beta increases if the ceramic coating division had a large number of projects with returns exceeding the risk adjusted hurdle rates. When the growth rate of the coatings division surpasses the overall corporate growth rate the division’s assets and thereby its weight will increase moving the corporate beta closer to the beta of the ceramic coatings division.Since the cost of equity rise with increases of beta, the larger corporate beta should also raise the corporate cost of capital (WACC). How strong such changes are to be is however determined by capital structure and weights on other departments. The corporate beta also increases when the equipment manufacturing division makes heavy investments in projects that are deemed to be more risky than average. Investments in risky projects in the division would raise the division’s beta and could then eventually also increase the overall corporate beta, which lets the overall cost of capital rise.It can take some time for the effects of the risky investments to really be visible in the corporate beta. When this happens depends on the analysis frequencies and on the methods that are employed for beta estimation. It can take time until analysts notice the change in the corporate risk profile because they first need to see the higher volatility of returns of the company. Capital Structure Mrs Barbara Kravitz states to use the corporate target capital structure of 45 percent debt for each division.Hence, this unique capital structure implies not to account for different application and management in the several divisions. Moreover, some divisions can be threatened not being competitive in their market. T his is, because divisions operate in diverse markets with differing market conditions. So the risks are not assigned to the divisions of the company but to the corporate average. For instance, low-risk divisions have to accept higher a higher cost of capital, whereby high-risk divisions have to pay less for their risk relative to the market, i. . this approach does not account for risk-adjusted cost of capital. Considering another approach, divisions can issue their own debt, but the corporation guarantees the divisional debt. It is not a great difference to the Kravitz-approach. When the corporation guarantees the divisional debt, this debt can be supposed as to â€Å"as-if†-debt, i. e. divisional debt will be issued as if it would be issued by the whole corporation. Therefore, the capital structure is not as equal as with the above mentioned approach, but quite similar.There is no big difference in the cost of capital for each division, because they do not bear the risk. Co st of capital depends on who bears the risk. Hence, the divisions’ costs of capital are very close to each other. But when each division is handled as an own and independent organization that rises its own debt, the cost of capital only depends on this special risk of the underlying division. In this case the divisions have the opportunity to achieve the optimal capital structure based on the risk of the division. This risk can be called as stand-alone risk and the beta coefficient can easily be calculated.Concerning stand-alone risk, investors may have a higher risk relative to the approach with corporate guarantees, but the division has to pay a higher WACC as well. Beta Value – Market Risk Analysis The outcome of beta estimation is always the historical beta, which offers no future perspective for sure. That is because past events included in the historical beta must not occur in the future. According to Brigham & Daves (2007), beta usually can be estimated through the relationship of company’s stock returns and market returns.Difficulties in estimating beta can arise, if there are differing holding periods and variations in the number of observations included in the estimation. Another problem is the multitude of indexes that represent the similar or quite the same stocks, for example S&P 500 or Wilshire 5000. Despite these indexes are highly correlated, beta estimations can differ. Some modifications of the beta coefficient are the adjusted beta and the fundamental beta. The former tries to transform the historical beta closer to an average beta of 1. 0.The latter seeks to incorporate information concerning the company to achieve a better estimate for beta. Moreover, beta values out of less-developed financial markets are not good estimates and therefore partly biased. Problems in estimating beta for divisions of a corporations could arise if the divisions are too small and therefore can be compared with less-developed financial marke ts. Hence, beta coefficients could be biased (Brigham & Daves, 2007). Thus we can suggest that beta values are very inconsistent and partly biased. Beta Value – Total Risk AnalysisFirst, the beta value is known as an estimation for the market risk a corporation is faced to. Therefore, it is difficult to find beta for the total risk of the corporation. Total risk is actually measured by the variance or the standard deviation, respectively. So, if one tries to find beta for total risk, it is also possible to calculate the WACC or the hurdle rates for each division, respectively, because there is a high correlation between divisional betas and project’s betas. The latter can be estimated through a Monte Carlo analysis.The resulting estimates for the variance of the projects can be included in the following formula for beta: ? _i=(? _i/? _M )*? _iM So one gets different beta values for different projects, with what it is possible to calculate the hurdle rates in two steps. First step is to insert the beta in the CAPM to receive the expected return, and second, to calculate the WACC with the new return (Brigham & Daves, 2007). Compensation Plan Randolph’s compensation plan cannot work out very well, because the corporation issues a uniform debt ratio in its capital structure.Therefore, some divisions cannot compete with other business rivals if there are no opportunities to raise the debt ratio for the division. That is, divisional manager are not able to compete with the market and therefore cannot create a high growth in sales or earnings. As the reaction of Debra Brown from the Real Estate Division has shown, this division faces troubles if the debt ratio of 45 percent will be implemented to the corporation. The problem is the unique capital structure for the whole corporation that is not consistent with the incentive-based compensation plan.Some divisions that do not need a high debt ratio to compete with the market could have a benefit as well as divisional managers will have an advantage to earn more relative to other divisions. So, Randolph should change its capital budgeting procedure in order to enable divisional managers the issuing of debt on their own. With this approach, some interdependences in the corporation would disappear and the divisional managers could concentrate on their division, while not being limited in doing their job. Additional to that, Randolph should also adjust its compensation plan, because division’s ROE strongly varies among the divisions.That is, because with the new implemented approach in capital budgeting the divisions face differing target capital structures. Thus, they also have differing opportunities to achieve a high or a low ROE. This incentive could be substituted by return on investment (ROI). Divisional managers now have a higher incentive to seek the goals given by the senior management. Conclusion To come to an end, one can see how differing hurdle rates and diffic ulties in estimating beta coefficient can lead to problems in capital budgeting as well as disparities in the compensation.Moreover, also the accounting for different risks can influence the calculations for WACC and therefore the hurdle rates. Some approaches cannot be calculated and are based on individual judgments (high/low risk hurdle rates). Finally, an appropriate incentive-based compensation plan can increase manager’s motivation on the one hand, and project management or divisional management, respectively, on the other hand. ? Reference List Bringham, E. , & Daves, P. (2007). Intermediate Financial Management. 9th Edition, Thomson South-Western. Mason Ohio Divisional Hurdle Rates. (1994). Randolph Corporation . The Dryden Press.

In-Work Benefits and the Nordic Model

Abstract Welfare bene†¦ts in the Nordic countries are often tied to employment. We argue that this is one of the factors behind the success of the Nordic model, where a comprehensive welfare state is associated with high employment. In a general equilibrium setting, the underlining mechanism works through wage moderation and job creation. The bene†¦ts make it more important to hold a job, thus lower wages will be accepted, and more jobs created.Moreover, we show that the incentive to acquire higher education improves, further boosting employment in the long run. These positive e ¤ects help counteracting the negative impact of taxation. JEL codes: H24, J21, J24 Keywords: Nordic model, in-work bene†¦ts, wage adjustment, unemployment, education, skill formation, earnings 1 Introduction A prominent feature of the so-called Nordic model is a comprehensive welfare state †¦nanced by taxes on labor.In fact, the public sector in many We want to thank Torben Andersen, Mar tin Floden, Richard Freeman, Mathias Herzing, Eddie Lazear, Ethienne Lehman, Bruno van Linden, and participants at the Conference on the Economics of the Nordic Model. y Department of Economics, Stockholm University, S-106 91 Stockholm, Ph. +46 8 163547. Fax +46 8 161425, E-mail address: ann-so†¦e. [email  protected] su. se z Economics Division, University of Southampton, UK; Economics Department, UniCredit & Universities Fellow, Central European University, Budapest; and IZA, Bonn.Email address: m. [email  protected] ac. uk 1 of the Nordic countries is responsible for the distribution and allocation of resources amounting to more than half of their country’ GDP (Eurostat, s 2012). With an emphasis on redistributional transfers and service provision †¦nanced by taxes on labor, a concern with the model is, of course, that it induces weak incentives to work. In a more long term perspective, such a system may also reduce incentives to acquire skills, with a negativ e impact on future pproduactivity and labor market outcomes.However, external observers are often surprised that the Nordic countries manage to combine low unemployment and high labor force participation with high taxes and generous welfare arrangements. So, how is this possible? One answer to this question is that many of the welfare arrangements in the Nordic countries are closely tied to market work. The generosity of the bene†¦ts are, in general, related to earnings. In addition, eligibility to a number of bene†¦ts and social services is conditional on employment.Subsidized childcare, for example, is, in principle, only available to employed workers. Also, some generous elements of the paid paren'tal leave schemes are only accessible to employed workers. In addition, the more recently introduced earned income tax credit is by de†¦nition exclusively targeted to employed workers. The idea is that these bene†¦ts, by increasing the returns from working, increase the supply of labor. The observation that the Nordic countries have sustained high economic aactivity because bene†¦ts are closely tied to market work is not new.In fact this was noted as a contributing factor to the high participation rate observed in Sweden when a group of NBER economists studied the Swedish welfare state in the mid 1990s (see Freeman et al. , 1997). This was also an important message in the discussion on the prospects and challenges of the Scandinavian model in Andersen (2008). The starting point for this paper is that entitlement to many of the bene†¦ts available in the Nordic countries is conditional on employment. As discussed above, this tends to increase the gains from working, which encourages labor supply.However, we argue that this is not the end of the story. To investigate the full impact of welfare state arrangements of this type, one needs to account for the general equilibrium e ¤ects. This is particularly relevant because many bene†¦ts have been available to the whole population for a long period of time. Clearly, to investigate the e ¤ects of these bene†¦ts on employment, which is an equilibrium outcome, both supply-side and demand-side factors must be iincluded in the analysis. Moreover, beside considering the equilibrium outcome for the existing workforce, it is important to account 2 or the impact of these bene†¦ts on incentives to acquire skills. The equilibrium composition of the workforce in terms of educational attainment is a crucial variable for the sustainability of the Nordic model, both in terms of its growth potential and international competitiveness (Andersen, 2008) and in terms of the political support for the welfare state (Hassler et al. , 2003). To carry out such an analysis, we develop a simple model of a non-clearing labor market featuring involuntary unemployment as an equilibrium outcome.Labor force participation is also endogenously determined. Moreover, individuals di ¤e r in their ability to acquire education and choose educational attainments based on a cost-bene†¦t analysis. In particular, we focus on the choice between proceeding to higher, i. e. tertiary, education or not. The aim is to investigate the implications of bene†¦ts that are conditional on work on unemployment and labor force participation, accounting for their long term impact on educational attainments.We show that bene†¦ts available only to employed workers moderate wages, reduce unemployment rates, and increase labor force participation and employment. Moreover, one could expect that welfare bene†¦ts, even if conditional on work, could induce an outright reduction in education as they represent an important subsidy for low skilled workers. What we †¦nd instead is that the incentives to proceed to higher education are actually strengthened. This is a consequence of the relatively sthronger increase in labor market opportunities for highly educated workers that follow when wages are moderated.Wages, in turn, fall because workers are more willing to accept lower wages when bene†¦ts are conditional on work and thus the value of having a job is higher. Lower wages increase job creation and lower the unemployment rate. Thus, total employment increases for three sets of reasons. First, the bene†¦ts reduce the unemployment rate for workers at all educational levels. Second, more workers choose to proceed to higher education where expected unemployment spells are shorter. Third, as labor force participation increases with the bene†¦ts, a larger share of the population will be employed.We also look at the impact of bene†¦ts when they are †¦nanced through a proportional tax on wages. Taxation actually reinforces wage moderation and, as such, does not overrule that bene†¦ts reduce wages, increase job creation, and reduce unemployment rates. However, it weakens the incentives to acquire higher education and particip ate in the labor force, thus inducing a counteracting e ¤ect on educational attainment and labor force participation. The element of the Nordic model that this paper underlines is the wage moderation stemming from bene†¦ts conditional on work.Also, we †¦nd this 3 mechanism to be very robust to the choice of model. Moreover, looking at bene†¦ts through this channel highlights how they have a positive impact on educational attainment and participation, thus counteracting, at least partly, the negative e ¤ect that taxation has on skill acquisition and labor force participation. The analytical results are followed up with a numerical example illustrating the e ¤ects of the bene†¦ts on labor market performance and educational attainment.The simulations indicate that bene†¦ts can have an important impact on unemployment for both low- and high- skilled. Without distortinary taxation, bene†¦ts also have a positive impact on skill acquisition, thus further reducing overall unemployment in the long run. When †¦nancing through proportional taxation on wages is iincluded in the model, the negative e ¤ect of taxation on educational attainment dominates the positive e ¤ect of bene†¦ts, thus resulting in a decrease in the share of the workforce acquiring tertiary education.Nonetheless, bene†¦ts still have a positive overall impact on unemployment. Considering the previous literature, there are a number of studies that have tried to explain why the Nordic countries have performed so well despite high taxes and generous welfare arrangements. As mentioned, some of these studies have emphasized the importance of that bene†¦ts are tied to market work for the successful outcome in terms of employment and participation (see Aronsson and Walker, 1997).A related view is provided by Rogerson (2007). He argues that the governments’spending pattern in the Scandinavian countries, compared to other high tax countries, can potentially explain the large number of aggregate work hours observed in these countries. He shows, holding tax rates constant, that it matters if the revenue is spent on disability payments which may only be received when an individual does not work or subsidies for day care for working mothers. The reason is that childcare subsidies create jobs.Our study also †¦nds that how the government choose to spend tax revenues matters for labor market performance, although for a di ¤erent reason. In contrast to Rogerson (2007), our results materialize through general equilibrium e ¤ects working through wage moderation. There is also a large number of studies focusing on particular features of the welfare state in the Nordic countries, looking for instance at the impact of childcare subsidies and paid paren'tal leave schemes on labor supply and a number of other outcome variables. 1 In contrast to our study, this literature

Case Analysis Ockham Technology Essays

Case Analysis Ockham Technology Essays Case Analysis Ockham Technology Essay Case Analysis Ockham Technology Essay Equity distribution Divided only by capital amount No sales Non-compete term Made sales calls to non-compete clients Differentiate their products/services First big sale to IBM -?a million-dollar contract Joining ATSC to add credibility Company name -? legal issue Changed the company name from SouthPaw to Champ Complete No investors The first big sale convinced investor with foreseeable profits Jims connections (Yates, Gorgon, Brewer) introduced investors Complete No product unreliable development team Look for another deep. Team KNIT, Thoughtful, or Hotshot Coders Build a self-owned development team -? Anderson, Taylor, or others In-process Raise money Build a board Bobby Crews $1 Mom, 50% equity Monarch/Cordovan $1. Mm, 33. 33% equity Nor $mm, 18% annual return before anyone else got anything In-process Tension with Mike Jim Split up company responsibilities Mike Keep control, be partner In-process b. Assessment i. Jim proved the products value and feasibility through his first sale to IBM ii. His success in the first sales helped him win more chance of further capital iii. He founded a team with diverse and complement background, which has contributed to forming an idea, developing a business plan, managing the product, and achieving the first successful sale. Iv. He fully used his connections to reach out to more talents and resources v. Though facing tons of problems, Jim and his team has overcome many of them and worked hard to solve the rest. They also have strong work ethic by obeying the non- compete term with TAG. 2. How will the current fund-raising efforts affect the formation of Chasms board of directors? A. Fund-raising and board orientation Fund-raising Board Composition pros Cons Bobby Crews 50% equity $ 1 Mom Jim, Mike, and Bobby Abundant money Bobby knows little about this business Bobby want half of equity Monarch/Cordovan 33% equity $1. Mm Jim, Mike, 1 or 2 PVC(s) from M/C, maybe 1 outsider A fast-growing PVC Bring more resources/value in the future < $2mm Relatively high equity requirement Noro $4mm 18% annual return before anyone getting anything Jim, Mike, 2 VCs from Noro, 1 outsider Biggest VC in the Atlanta area Rich resources and experience Over-influence from one VC -? Noro Investing in return rather than equity may lead to myopia on short-term profits Use two or more Vs. Jim, Mike, PVC from dif. Companies, 1 outsider Diverse board composition More capital Vs. may take over too much equity Less control 3. If you were Jim, how would you handle the increasing tension between y and Mike? A. Pros and Cons Jim Split up responsibilities Mike Involve in all decisions Be partners Pros More resources Grow faster Long-term profits More control More profits in a short term Sacrifice short-term profits Limited resources and development Less competitive b. Solution i. Negotiate with Mike ii. Identify common goals 1. Development: Long-term vs. Short-term 2. Long-term profits vs. Temporary more control iii. Define an acceptable range of decision-making for Mike iv. Emphasize Mikes importance to the company v. Explain why/how dividing the company into pieces will benefit more to try company and themselves vi. Convince Mike to agree on splitting up the companys responsibilities but secure his power and importance in this company 4. Should Champ outsource its system-development efforts?

Free Essays on Integration Of Asian Culture

The integration of Asian culture into American society has, by and large, been highly successful. Through diligence and perseverance Asian Americans have lived up to the title of â€Å"model minority†. The Asian community has earned a great deal of respect in regards to their high educational drive, significant economic achievement, and a strong sense of nuclear family. However, in a broad sense, the Asian American community, even with such a reputation, lacks a cohesive force to bring each ethnicity together. With all our motivation and progress, there still remains tantamount the need for a voice; the desperate cry for unity in our community. There is a saying among the youth: â€Å"Asians need to stick together†. But, more often than not, there remains the shadow of ethnocentrism separating our vast cultures, breaking down any efforts to organize a formidable force in American society. This is a serious problem that affects Asians worldwide and needs to be add ressed immediately starting with the youth. It is in these young people that seeds of unity and cultural bonding can be planted to create the leaders of tomorrow. The day will come when future leaders will carry the community into a new era, but a foundation must be laid out before the building is erected. We begin with a single brick: awareness. It is quite ironic that though Asian Americans tend to have strong bonds between immediate family members and much loyalty towards their individual cultures, there seems to be an air of arrogance and feelings of superiority against other Asian cultures. Perhaps the very same ambitious, competitive nature that many Asian Americans share serves to create this hostility, perpetuating inter-cultural prejudice. Many young Asian Americans know first-hand that their immigrant parents may tend to be very stubborn and reluctant to release themselves from these self-defeating beliefs. It is that same doggedness that was essential for... Free Essays on Integration Of Asian Culture Free Essays on Integration Of Asian Culture The integration of Asian culture into American society has, by and large, been highly successful. Through diligence and perseverance Asian Americans have lived up to the title of â€Å"model minority†. The Asian community has earned a great deal of respect in regards to their high educational drive, significant economic achievement, and a strong sense of nuclear family. However, in a broad sense, the Asian American community, even with such a reputation, lacks a cohesive force to bring each ethnicity together. With all our motivation and progress, there still remains tantamount the need for a voice; the desperate cry for unity in our community. There is a saying among the youth: â€Å"Asians need to stick together†. But, more often than not, there remains the shadow of ethnocentrism separating our vast cultures, breaking down any efforts to organize a formidable force in American society. This is a serious problem that affects Asians worldwide and needs to be add ressed immediately starting with the youth. It is in these young people that seeds of unity and cultural bonding can be planted to create the leaders of tomorrow. The day will come when future leaders will carry the community into a new era, but a foundation must be laid out before the building is erected. We begin with a single brick: awareness. It is quite ironic that though Asian Americans tend to have strong bonds between immediate family members and much loyalty towards their individual cultures, there seems to be an air of arrogance and feelings of superiority against other Asian cultures. Perhaps the very same ambitious, competitive nature that many Asian Americans share serves to create this hostility, perpetuating inter-cultural prejudice. Many young Asian Americans know first-hand that their immigrant parents may tend to be very stubborn and reluctant to release themselves from these self-defeating beliefs. It is that same doggedness that was essential for...

Biography of Mary, Queen of Scots

Biography of Mary, Queen of Scots Mary, Queen of Scots (December 8, 1542–February 8, 1587), was the ruler of Scotland as well as a potential claimant to the throne of England. Her tragic life included two disastrous marriages, imprisonment, and eventual execution by her cousin, Queen Elizabeth I of England. Fast Facts: Mary, Queen of Scots Known For: Queen of Scotland and cousin to Queen Elizabeth I who eventually had Mary executedAlso Known As: Mary Stuart or Mary StewartBorn: December 8, 1542 in Linlithgow Palace, ScotlandParents: King James V and his French second wife, Mary of GuiseDied: February 8, 1587 in Fotheringhay Castle, EnglandEducation: Extensive private education including instruction in Latin, Greek, poetry and prose, horsemanship, needlework falconry, Spanish, Greek, and FrenchSpouse(s): Francis II, Dauphin of France, Henry Stuart, Lord Darnley, James Hepburn, 1st Duke of Orkney and 4th Earl of BothwellChildren: James VI of England (also James I of Scotland)Notable Quote: Marys last words are recorded as: â€Å"In manus tuas, Domine, commendo spiritum meum† (â€Å"Into thy hands, O Lord, I commend my spirit†) Early Life The mother of Mary, Queen of Scots, was Mary of Guise (Mary of Lorraine) and her father was James V of Scotland, each in their second marriage. Mary was born on December 8, 1542, and her father James died on December 14, so the infant Mary became queen of Scotland when she was just a week old. James Hamilton, Duke of Arran, was made regent for Mary, Queen of Scots, and he arranged a betrothal with Prince Edward, the son of Henry VIII of England. But Marys mother, Mary of Guise, was in favor of an alliance with France instead of England, and she worked to overturn this betrothal and instead arranged for Mary to be promised in marriage to Frances dauphin, Francis. The young Mary, Queen of Scots, only 5 years old, was sent to France in 1548 to be raised as the future queen of France. She married Francis in 1558, and in July 1559, when his father Henry II died, Francis II became king and Mary became queen consort of France. Marys Claim to the English Throne Mary, Queen of Scots, also known as Mary Stuart (she took the French spelling rather than the Scottish Stewart), was the granddaughter of Margaret Tudor; Margaret was the older sister of Henry VIII of England. In the view of many Catholics, the divorce of Henry VIII from his first wife, Catherine of Aragon, and his marriage to Anne Boleyn were invalid, and the daughter of Henry VIII and Anne Boleyn, Elizabeth, was therefore illegitimate. Mary, Queen of Scots, in their eyes, was the rightful heir of Mary I of England, Henry VIIIs daughter by his first wife. When Mary I died in 1558, Mary, Queen of Scots, and her husband Francis asserted their right to the English crown, but the English recognized Elizabeth as the heir. Elizabeth, a Protestant, supported the Protestant Reformation in Scotland as well as in England. Mary Stuarts time as queen of France was very short. When Francis died, his mother Catherine de Medici assumed the role of regent for his brother, Charles IX. Marys mothers family, the Guise relatives, had lost their power and influence, and so Mary Stuart returned to Scotland, where she could rule in her own right as queen. Mary in Scotland In 1560, Marys mother died, in the middle of a civil war she stirred up by attempting to suppress the Protestants, including John Knox. After the death of Mary of Guise, the Catholic and Protestant nobles of Scotland signed a treaty recognizing Elizabeths right to rule in England. But Mary Stuart, returning to Scotland, managed to avoid signing or endorsing either the treaty or recognition of her cousin Elizabeth. Mary, Queen of Scots, was herself a Catholic and insisted on her freedom to practice her religion. But she did not interfere with Protestantisms role in Scottish life. John Knox, a powerful Presbyterian during Marys rule, nevertheless denounced her power and influence. Marriage to Darnley Mary, Queen of Scots, held on to hopes of claiming the English throne which she considered hers by right. She turned down Elizabeths suggestion that she marry Lord Robert Dudley, Elizabeths favorite, and be recognized as Elizabeths heir. Instead, in 1565 she married her first cousin, Lord Darnley, in a Roman Catholic ceremony. Darnley, another grandson of Margaret Tudor and heir of another family with a claim to the Scottish throne, was in the Catholic perspective the next in line to Elizabeths throne after Mary Stuart herself. Many believed that Marys match with Darnley was impetuous and unwise. Lord James Stuart, the Earl of Moray, who was Marys half-brother (his mother was King James mistress), opposed Marys marriage to Darnley. Mary personally led troops in the chase-about raid, chasing Moray and his supporters to England, outlawing them and seizing their estates. Mary vs. Darnley While Mary, Queen of Scots, was at first charmed by Darnley, their relationship soon became strained. Already pregnant by Darnley, Mary, Queen of Scots, began to place trust and friendship in her Italian secretary, David Rizzio, who in turn treated Darnley and the other Scottish nobles with contempt. On March 9, 1566, Darnley and the nobles murdered Rizzio, planning that Darnley would put Mary Stuart in prison and rule in her place. But Mary outwitted the plotters: she convinced Darnley of her commitment to him, and together they escaped. James Hepburn, Earl of Bothwell, who had supported her mother in her battles with the Scottish nobles, provided 2,000 soldiers, and Mary took Edinburgh from the rebels. Darnley tried to deny his role in the rebellion, but the others produced a paper that he had signed promising to restore Moray and his fellow exiles to their lands when the murder was complete. Three months after Rizzios murder, James, the son of Darnley and Mary Stuart, was born. Mary pardoned the exiles and allowed them to return to Scotland. Darnley, motivated by Marys split from him and by his expectations that the exiled nobles would hold his denial against him, threatened to create a scandal and leave Scotland. Mary, Queen of Scots, was apparently by this time in love with Bothwell. The Death of Darnley- and Another Marriage Mary Stuart explored ways to escape from her marriage. Bothwell and the nobles assured her that they would find a way for her to do so. Months later, on February 10, 1567, Darnley was staying at a house in Edinburgh, possibly recovering from smallpox. He awakened to an explosion and fire. The bodies of Darnley and his page were found in the garden of the house, strangled. The public blamed Bothwell for the death of Darnley. Bothwell faced charges at a private trial where no witnesses were called. He told others that Mary had agreed to marry him, and he got the other nobles to sign a paper asking her to do so. Immediate marriage, however, would violate any number of etiquette and legal rules. Bothwell was already married, and Mary would be expected to formally mourn her late husband Darnley for a few months at least. Before the official period of mourning was complete, Bothwell kidnapped Mary; many suspected that the event occurred with her cooperation. His wife divorced him for infidelity. Mary Stuart announced that, despite her kidnapping, she trusted Bothwells loyalty and would agree with the nobles who urged her to marry him. Under threat of being hanged, a minister published the banns, and Bothwell and Mary were married on Mary 15, 1567. Mary, Queen of Scots, subsequently attempted to give Bothwell more authority, but this was met with outrage. Letters (whose authenticity is questioned by some historians) were found tying Mary and Bothwell to Darnleys murder. Fleeing to England Mary abdicated the throne of Scotland, making her year-old son James VI, King of Scotland. Moray was appointed regent. Mary Stuart later repudiated the abdication and attempted to regain her power by force, but in May 1568, her forces were defeated. She was forced to flee to England, where she asked her cousin Elizabeth for vindication. Elizabeth deftly dealt with the charges against Mary and Moray: she found Mary not guilty of murder and Moray not guilty of treason. She recognized Morays regency, and she did not allow Mary Stuart to leave England. For nearly 20 years, Mary, Queen of Scots, remained in England, plotting to free herself, to assassinate Elizabeth, and to gain the crown with the help of an invading Spanish army. Three separate conspiracies were launched, discovered, and squelched. Death In 1586, Mary, Queen of Scots, was brought to trial on charges of treason in Fotheringay castle. She was found guilty and, three months later, Elizabeth signed the death warrant. Mary, Queen of Scots, was executed by beheading on February 8, 1587. Legacy The story of Mary, Queen of Scots, is still well known more than 400 years after her death. But while her life story is fascinating, her most significant legacy resulted from the birth of her son, James VI. James made it possible for the Stuart line to continue, and for Scotland, Ireland, and England to unite through the Union of the Crowns in 1603. Famous Quotes The best-known quotations from Mary, Queen of Scots, relate to her trial and execution. To those who stood in judgment of her relative to accusations of plotting against Elizabeth: Look to your consciences and remember that the theatre of the whole world is wider than the kingdom of England.To those executing her: I forgive you with all my heart, for now, I hope, you shall make an end of all my troubles.Last words, prior to beheading: In manus tuas, Domine, commendo spiritum meum (Into thy hands, O Lord, I commend my spirit). Sources Castelow, Ellen. Biography of Mary, Queen of Scots. Historic UK.Guy, John. Queen of Scots: The True Life of Mary Stuart. Houghton Mifflin: New York. April 2004.â€Å"Queens Regnant: Mary, Queen of Scots - In My End Is My Beginning.† History of Royal Women, 19 Mar. 2017

The Best Years of Our Lives Film Essay Example | Topics and Well Written Essays - 750 words

The Best Years of Our Lives Film - Essay Example This movie reflects the worrisome time phase when the entire world was undergoing a harsh transition. This movie revolves around the lives of three war veterans who were returning home with the harsh and brutal memories of the war. This was the time when entire Europe and Japan was devastated culturally, socially and economically and America was enjoying the supreme power and hold in greater parts of the world. This movie shows that how those veterans were to be lived in this change with unstable economy and unpredictable life. This movie answers some of the reality based questions in a liberal manner regarding social reformism of Franklin D.Roosevelt. It was expected that this social reformism was about to come to an end. The film contains the hardest realities of unrest social conditions and uneasiness. One cannot ignore the fact that it was the crucial time in the world’s history filled with depressing times and social unrest. The Purpose of the Film: The purpose of this fi lm was to express the social turmoil the world was going through and the return of soldiers who were filled with the hard memories of the war. ... Message Conveyed Through the Film: The movie, Best Years of Our Lives expresses a very strong message that how veteran who have returned home were trying to cope with their normal day life. The movie shows that how difficult it became for the officers of the wars to sustain and maintain their social prestige in the society while working at the low level jobs and how they were viewed by the people in general. Without realizing their situation and hardships, people accused them for participating in a â€Å"wrong war† as in the case of Fred Berry who after returning from war is now working as a soda jerk. He was accused of having fought with the wrong enemy by the people around him and eventually, his social life ends in distress. The same happened with Parrish who was being offered the job of a salesman by his girlfriend’s father due to the harsh reality for being a disable person which would set his image as an object of pity for the people (Charles Boogle). William Wyle r has tried to convey the message that how people react and behave towards soldiers who are already bound by the harsh experiences of war-time. Conclusion: The movie is intended to entertain those audiences which are keen to know the lives of the soldiers, their experiences during the war and the hardships they go through. The movie is an artistic masterpiece which depicts the real lives of soldiers and their hardships. Work Cited: Boogle, C. The Best Years of Our Lives (1946): realism and reformism. (2007). Web http://www.wsws.org/articles/2007/aug2007/best-a11.shtml accessed online on 12th April,

Make a topic for me Research Paper Example | Topics and Well Written Essays - 750 words

Make a topic for me - Research Paper Example Microprocessor is the center fold of this amazing and life transforming advancement in technology. Microprocessor has greatly contributed to the current revolution in the computing world and the associated disciplines. From personal assistant devices, mobile phones, desktop computer, servers to supercomputers, microprocessor remains the center fold of the technology. The paper discusses the development history of microprocessor, its societal needs, its design and operation and its associated design process. Microprocessor represents the core of the computer, sometimes known as the central processing unit (CPU). It is an entire computing engine that is formulated in a single integrated circuit chip and tasked with the basic operations of a computer such as the arithmetic (addition and subtraction) and processing functions. It is a multipurpose device that is can be programmed to accept digital data, processes it according to instructions which are stored in the memory and outputs the results (Crisp, 2004). There is increased reliability associated with single chip microprocessors as compared to the previous versions given that there point of failure is minimized by the reduced number of electrical connections. The cost of microprocessor manufacture is generally reduced given the highly automated process employed. The design and performance of microprocessor has undergone a lot of transformations and innovations over the years since the invention of the first microprocessor back in 1971. The Intel 4004 forms the first microprocessor to be introduced. Its functionalities were limited to mere addition and subtraction with a memory size of only 4 bits. The main characteristic of 4004 was the fact the circuit was integrated in one chip. Previous to the introduction of Intel 4004, a collection of discrete components or chips formed the computer. After Intel 4004, an

Governance (Sport) Literature review Example | Topics and Well Written Essays - 3750 words

Governance (Sport) - Literature review Example According to the definition provided by World Bank governance can be defined as â€Å"structures, functions, process and organizational traditions that have been put in place within the context of a program’s authorizing environment† (Du Plessis, Hargovan & Bagaric, 2010). The definition implies that the program must be created in such a manner which ensures that the objectives of the organization are met in an effective and transparent manner. From these above definition it can be summarized that the primary function of governance is to guarantee that every member related to the organization performs their roles and responsibilities in a coordinated manner that maximizes coherence and accomplishes organizational goals. It is also implied that governance aims to achieve ethical implementation of business functions. Governance aims to provide overall direction to the business by overseeing and supervising actions of management. Governance makes sure that expectations of accountability are satisfied and interest beyond the corporate group is regulated. The agency theory of corporate governance emerged in the 1970’s and has been cited as the central theory of management behaviour in a number of scholarly articles. The core agency theory does not consider issues of management, internal and external issues of stakeholders of and the society at large. Agency theory highlights the alignment of interest between the shareholders and board members. According to researchers like Fama and Jensen (1983) there exists asymmetric information between executive management (who are agents) and claimants (who are principals). Therefore the main focus of the agency theory is to minimize the clash between shareholders and governing bodies of organizations. It has been observed that in agency theory directors or executive management tries to appropriate the value for them and it is extremely difficult for the shareholders to examine whether the directors are

Why Did Romans Fear Rule By Monarchy Essay Example | Topics and Well Written Essays - 2250 words

Why Did Romans Fear Rule By Monarchy - Essay Example However, with Tarquinius Priscus, it was said that royal inheritance flowed from the female relations of the deceased monarch. The Roman kings were therefore chosen primarily on their virtues and not royal lineage. The powers wielded by the king are difficult to determine since some historians attribute them with those possessed by later Republican leaders, mainly the Consuls. Modern historians believe that Rome's kings were the chief executive for the senate and the people, and that real power was exercised by the people. Other historians believe that the king had the supreme power and the senate and people only had checks upon his power. The king had the sole right to auspice in behalf of Rome as its chief augur. No public business could be undertaken without consent of the gods whose will were made known through the auspices. Thus, the king is treated with reverence as he is considered the mediator between the gods and the people. The king is therefore the head of the national religion and the is its foremost religious executive. He had the power to control the Roman calendar. He also conducted all religious ceremonies, created lower religious officers, and appointed their officials. Aside from his religious authority, the king also held supreme military and judicial authority by virtue of the Imperium. It was his for life and was protected and gave him immunity from being tried for his actions. This allowed him to exercise vast military powers that could not be checked, for he was commander of all Roman legions. The kings wielded enormous power since there was also an absence of laws which protected citizens from the abuses of officials possessing the Imperium. The Imperium also allowed the king to make legal judgments since he also acts as the chief justice of Rome. He had overall jurisdiction over cases brought before him, whether they are civil or criminal, although he could also assign pontiffs to function as minor judges. The powers vested upon him by the Imperium made the king supreme in both peace and war. Although a council advices the king during trials, it has no power over the king and cannot control his decisions. Some historians believe that the king's decision was final and cannot be appealed. Others say that an appeal can be made by a patrician or member of the elite, during meetings of the Curiate Assembly, which elected magistrates and exercised judicial and legislative powers. The king also had the power to nominate or appoint all officials to offices. He appoints a Tribunus Celerum who is similar to the Praetorian Prefect, and served as the commander of the king's bodyguard. The king appointed the Tribune upon entering office and the Tribune was required to eave his office upon the death of the king. The Tribune was second in rank to the king and possessed the authority to convene the Curiate Assembly. The king also appointed the Praefectus Urbanus who performed the duties of warden of the city. The prefect assumed all the king's powers and abilities when the monarch is absent from the city. He assumed the king's power that he was also bestowed the Imperium while inside the city. There came a point in time when the king also acquired the sole right to appoint patricians to the senate. The Senate and the Curiate Assembly had very little power and authority under the Roman kings. They were not independent bodies that could meet and discuss affairs of state. They could only be convened by the king and their discussions are limited to matters which are presented before them by the monarch. The Curiate Assembly had the power to pas laws presented before

Assessment Skills Essay Example | Topics and Well Written Essays - 500 words

Assessment Skills - Essay Example Then I can count the number of thoughts associated to each aspect of counseling. By conducting routine thought listing, I can assess the client progress (Hiebert, 1996). In self-monitoring method, â€Å"a simple rating scale or monitoring form is developed and clients use the form to track the variable under observation† (Hiebert, 1996). For example, if the changes in the self confidence level of a client have to be assessed, I can ask the client to make self-monitoring by providing him/her with index cards of which one side can be notified as positive and the other side as negative. The client can be asked to place check marks on both sides in connection with the moments in which he/she feels confident and not. These checkmarks can finally be compiled to assess the correlation between learning and impact outcomes. This method will increase self awareness in the client and thereby help increase self confidence also. Hiebert has listed the advantages of self-monitoring as follo ws: It can help identify factors affecting the client presenting problem, as well as provide a tangible indication of client change. If self-monitoring starts at the beginning of counseling, it can provide baseline data against which to compare change as well as evidence of client change across time.

Economic Interdependence and the Emergence of Globalization Research Paper

Economic Interdependence and the Emergence of Globalization - Research Paper Example Mexico, a developing country in the Western Hemisphere and member of the North American Free Trade Agreement (NAFTA), will be used as a case study to explore the ramifications of realist-inspired neoliberalism and the effects of globalization on a country in the developing world. Furthermore, the effects of the international economic system will be discussed with reference to China, a formerly socialist state in the processing of liberalizing its economy and opening up to the global economic community. Globalization, as it exists today, rests largely on the shoulders of neoliberal economics and the global entrenchment of capitalism as the dominant economic system in the world. Inspired by Realist ideological doctrine, neo-liberalism is the belief in laissez-faire economics and its early proponents were Margaret Thatcher in the United Kingdom and Ronald Reagan in the United States in the 1980s. US President Ronald Regan famously remarked, "government was not the solution but the problem" (Hobsbawm 1994). Neo-liberals put all of their faith in the distributive capabilities of the invisible hand of the free market, and believe that business was inherently good and that government bad. The government was longer interested in the provision of welfare but existed to stimulate the capitalist economic market. The United States under Ronald Reagan was thus described as the "greatest of the neo-liberal regimes" (Hobsbawm 1994).   How did neoliberalism, the dominant political and economic ideology of the West since the Reagan years make inroads around the world and into the formerly Communist countries of Eastern Europe' The Second World, consisting of the global Communist community during the Cold War, was severely undermined by economic and political crises which began in the late 1960s. The result was a political and economic disorder. Economic crises undermined the political foundations of states like China and the USSR - particularly after the deaths of men such as Mao & Brezhnev - and the centrally planned economic systems of these countries remained under stress and increasingly precarious. The Soviet world was also not immune to global economic crises as evidenced by the effects of the OPEC crisis of 1973. These aftershocks paved the way for perestroika and glasnost in the USSR, the implosion of Yugoslavia and popular Chinese dissent expressed in Tiananmen Square and captured live on camera. The political and economic fragilities of the Second World were exposed following 1968 and slowly led to political decay, leading to the eventual implosion of the Soviet Union.  

Assessment Skills Essay Example | Topics and Well Written Essays - 500 words

Assessment Skills - Essay Example Then I can count the number of thoughts associated to each aspect of counseling. By conducting routine thought listing, I can assess the client progress (Hiebert, 1996). In self-monitoring method, â€Å"a simple rating scale or monitoring form is developed and clients use the form to track the variable under observation† (Hiebert, 1996). For example, if the changes in the self confidence level of a client have to be assessed, I can ask the client to make self-monitoring by providing him/her with index cards of which one side can be notified as positive and the other side as negative. The client can be asked to place check marks on both sides in connection with the moments in which he/she feels confident and not. These checkmarks can finally be compiled to assess the correlation between learning and impact outcomes. This method will increase self awareness in the client and thereby help increase self confidence also. Hiebert has listed the advantages of self-monitoring as follo ws: It can help identify factors affecting the client presenting problem, as well as provide a tangible indication of client change. If self-monitoring starts at the beginning of counseling, it can provide baseline data against which to compare change as well as evidence of client change across time.

Is management remuneration too excessive Essay Example | Topics and Well Written Essays - 3000 words

Is management remuneration too excessive - Essay Example In an article published in Business Week, In 1980 it was established that the a Chief Executive Officer working at a any foremost organization, on average, makes approximately 42 times compared to what a worker works on a normal hourly pay. In the next decade, i.e. 1990, this rate had crossed the doubled mark as it was up to 85 times compared to a normal hourly pay of a worker and in the next decade i.e. the twentieth century, the average salary of a Chief Executive Office has climbed to an incredible 531 times of the regular workers’ hourly pay. (Management 2000) This has been always an argument regarding the fact that the management, especially the top management, such as the Chief Executive Officers, Directors, Chief Financial Officers and the Heads of Departments etc are paid extensively more that the normal employee even though their job is limited to the decision making part while the workers have to put in extra impetus from the planning to the implementation stage. Let us go research in this respect whether the management remuneration is justified. Shleifer and Vishny (1997) in their research have described the corporate governance as the means where the providers of funding guarantee a return on their investments for themselves. Since, the profits of the investors largely depend upon the contracts incurred between themselves and the company so a variety of markets operations and the performance of players of finance has developed into various sub-literatures. literatures. need for the growth in pay of executies Lucian Bebchuk in his article â€Å"The Growth of Executive Pay’, discussed the reasons and the need for the substantial increase and the growth of the pay of executives and the top management personnel. He has justified the growth in the pay scale by the comparison of the size of the organization where the executive is employed. He mentioned â€Å"Remuneration level is predictable to augment due to the increase in the size of the firm and performance of the management, which may vary from industry to industry† He has researched over the average size of the S&P 500 firms from 1993 to 2003 and has expressed the fact that with the relevant increase in the size of the organization or the performance of the company, the compensation of the executives has increased side by side showing a very linear trend. Kaplan and Rauh (2009) inspected the query regarding if increase in the management remuneration can imitate the forc es of the market. The idea was that if a top management personnel’s pay imitates the market forces; in that case its increase should be in line with that of other extensively paid occupations. Kaplan and Rauh also assembled some information on the compensation of high yielding professions such as the employees from the financial service sector, banks, and funds and compared them to the compensation received by the business lawyers, professional athletes, doctors and celebrities. Murphy and Zabojnik (2007) proposed the thought that the escalation in management remuneration embodies the move in the significance of the ability of the managerial staff i.e. the talent and ability which is capable of being transferred through several companies related to the human capital which is specific to the firm i.e. precious only to the extent of the organization, which functioned to support the bargaining point of the top executives through improving their options of working at another orga nization. different views of executive compensation Holmstom (1979) in his article published in the Bell Journal of Economics has discussed several views of the executive compensation of which he has highlighted two of those views. He discusses that one of the view which he highlighted as the

Effective Study Skills Are the Sole Foundation of a Sound Essay Example for Free

Effective Study Skills Are the Sole Foundation of a Sound Essay Effective study skills are definitely an important factor of a sound education. They dont happen overnight. They evolve and mature through practice, trial and error, feedback from others and reflection through different stages of the course (Cottrell,S.2008. pg1) Working on effective study skills means the individual will find out what works best. Basically learning how to learn (Cottrell,S. 2008. pg 48). There are many different ways in which individuals learn, for e.g. conscious learning when the individual is aware they are learning (Cottrell,S. 2008. pg 48). Unconscious learning when the individual is unaware that it is happening but it may become conscious learning when they just know something and then wonder, how did I know that (Cottrell,S. 2008. pg 48). Each person has 3 different learning styles which affect their lives. Some people learn better using visual learning such as looking at pictures or diagrams. Other people are auditory learners i.e. listening to recordings. Then there are people who are kinaesthetic or tactile learners, they like to touch and play with things. (Wyman,P. 2011). By testing all these types of learning people will see what they find easiest to use and then be able to adapt it to their studies. Effective study skills could definitely be described as the sole foundation of a sound education when doing independent learning. A learner would acquire knowledge by his or her own efforts, therefore good study skills are vital (Meena. 2012). This comes into effect on a distance learning course i.e. foot health diploma. Having the choice of when and where studying takes place, means being disciplined enough to dedicate the time to it. In essence the individual is teaching themselves. To really succeed in a chosen subject doing something with genuine enthusiasm is most important otherwise individuals could just lose interest.

Creative Commons - America Needs Fair Use Licenses Essays -- Argumenta

Creative Commons - America Needs Fair Use Licenses It’s likely happened to you before, you turn on your radio, or favorite music video network and begin listening to a song by some hot new pop starlet, hip-hop superstar, or aging rocker. The beat is catchy, inviting, and oddly familiar, almost too familiar in fact. You may think, â€Å"Didn’t David Bowie, or, hmm, wasn’t it that guy from Queen that played this riff in like ten years ago? Who is this Vanilla Ice guy and why is he rapping over it?† If you were old enough to remember Under Pressure and subsequently were listening Ice Ice Baby in 1990 (likely while cruising in your Mustang 5.0 convertible on your way to a Milli Vanilli concert), you would have experienced an example of modern day sampling. Whether it is literature, music, science, or art, there are few, if any, new and innovative ideas that are completely original through and through. Our predecessors inspire us to build upon their work, and develop new arts, technologies, and ideas that will advance our society as a whole. Sampling is the act of taking a portion of one sound recording, and then reusing that portion as an element, or instrument, in a new recording. (Wikipedia) Sampling is an excellent example of a modern way in which others ideas seed our own creativity. Improvements in the technologies that both mediate and constrict the ability to sample, from analog recording devices of the late 1970s, to the digital software suites of today, run parallel with rise in popularity of sample based music. The internet, and other forms of communication that have allowed creative people from around the world to cull inspiration from anywhere, has lead to an increase in remixes, collages, pastiches, a... ...l.ca/copyrightlaw/chapter1.html#a8> Lessig, Lawrence. â€Å"Creative Freedom For All.† Wired Magazine. Vol. 12 Issue 11. November 2004. Plotkin, Hal. â€Å"All Hail Creative Commons: Stanford professor and author Lawrence Lessig plans a legal insurrection.† SFGate.com. February 11, 2002. â€Å"Sampling (music)† Wikipedia. Accessed November 22, 2004. Shachtman, Noah. â€Å"Copyright Enters a Gray Area.† Wired News. Feburary 14, 2004. â€Å"Some Rights Reserved: Building a Layer of Reasonable Copyright.† Creative Commons Accessed November 22, 2004.

Arjie’s Journey in Shyam Selvadurai’s Funny Boy Essay -- Funny Boy Ess

Arjie’s Journey in Shyam Selvadurai’s Funny Boy Growing up during a time of violent political upheaval in Sri Lanka, Arjie travels an especially bittersweet journey into maturation in Shyam Selvadurai’s Funny Boy. The adults in Arjie’s extended family mostly belong to an older, more conservative generation that attempts to fit Arjie into society’s norms. The adults that Arjie meets in the community through his family are individuals who prompt him to see past the confines of his childhood, and it is Arjie’s peers who give him the extra push to understanding himself. With guidance from his extended family, his adult friends, and his peers, Arjie is able to discover his identity through understanding the impact of race and gender on his life. Although spend-the-day occurs but once a month, Ammachi has a commanding presence in Arjie’s life. While Appachi hides behind his newspapers, Ammachi is â€Å"enthroned in big reclining chairs† (Selvadurai, 2), her canes inspiring awe in her grandchildren. When Arjie is caught dressed in a sari while playing bride-bride, Ammachi decides that manual labour will teach him to be more masculine. This is the first time Arjie is embarrassed about his â€Å"funniness†, though he does not understand why. It is also at his grandparents’ house that Arjie first learns about the tension between the Tamils and the Sinhalese. Afraid that people will talk, Ammachi forbids Radha Aunty to receive rides from Anil Jayasinghe, a Sinhalese. Arjie does not comprehend why Ammachi is upset, for he is in a Sinhala class at school and his friends are Sinhalese. His parents’ best friends and servant are Sinhalese too. Nevertheless, Ammachi sends Radha Aunty to Jaffna for a month, hoping that ... ...hehan allows Arjie to reach a new level of understanding about his place in a world where race and gender are of utmost importance. Directly and indirectly, the family and friends of Arjie all impress upon the boy their views on race and gender. The familial love of Arjie’s extended family is at times hurtful and confusing, but it nevertheless serves to guide Arjie through the growing up process. The lives of family friends merge with Arjie’s for only short periods of time, yet the values that these friends cherish linger on in Arjie’s conscience. Arjie’s peers grow up with him seeing the world through eyes that are near in age, thus their views on race and gender truly open Arjie’s eyes during his journey into maturation in Selvadurai’s Funny Boy. Works Cited Selvadurai, Shyam. Funny Boy. Toronto, Ontario: McClelland & Stewart Inc., 1994. Arjie’s Journey in Shyam Selvadurai’s Funny Boy Essay -- Funny Boy Ess Arjie’s Journey in Shyam Selvadurai’s Funny Boy Growing up during a time of violent political upheaval in Sri Lanka, Arjie travels an especially bittersweet journey into maturation in Shyam Selvadurai’s Funny Boy. The adults in Arjie’s extended family mostly belong to an older, more conservative generation that attempts to fit Arjie into society’s norms. The adults that Arjie meets in the community through his family are individuals who prompt him to see past the confines of his childhood, and it is Arjie’s peers who give him the extra push to understanding himself. With guidance from his extended family, his adult friends, and his peers, Arjie is able to discover his identity through understanding the impact of race and gender on his life. Although spend-the-day occurs but once a month, Ammachi has a commanding presence in Arjie’s life. While Appachi hides behind his newspapers, Ammachi is â€Å"enthroned in big reclining chairs† (Selvadurai, 2), her canes inspiring awe in her grandchildren. When Arjie is caught dressed in a sari while playing bride-bride, Ammachi decides that manual labour will teach him to be more masculine. This is the first time Arjie is embarrassed about his â€Å"funniness†, though he does not understand why. It is also at his grandparents’ house that Arjie first learns about the tension between the Tamils and the Sinhalese. Afraid that people will talk, Ammachi forbids Radha Aunty to receive rides from Anil Jayasinghe, a Sinhalese. Arjie does not comprehend why Ammachi is upset, for he is in a Sinhala class at school and his friends are Sinhalese. His parents’ best friends and servant are Sinhalese too. Nevertheless, Ammachi sends Radha Aunty to Jaffna for a month, hoping that ... ...hehan allows Arjie to reach a new level of understanding about his place in a world where race and gender are of utmost importance. Directly and indirectly, the family and friends of Arjie all impress upon the boy their views on race and gender. The familial love of Arjie’s extended family is at times hurtful and confusing, but it nevertheless serves to guide Arjie through the growing up process. The lives of family friends merge with Arjie’s for only short periods of time, yet the values that these friends cherish linger on in Arjie’s conscience. Arjie’s peers grow up with him seeing the world through eyes that are near in age, thus their views on race and gender truly open Arjie’s eyes during his journey into maturation in Selvadurai’s Funny Boy. Works Cited Selvadurai, Shyam. Funny Boy. Toronto, Ontario: McClelland & Stewart Inc., 1994.

Unemployment Rates in the United States

Unemployment Rates in the United States According to the most recent report put out by the United States Department of Labor, in the month of February, 49 states saw a decrease in nonfarm employment while Louisiana was the only one where they had seen an increase in nonfarm employment. California had a decrease in jobs since January by 116,000 with Florida in second with 49,500 jobs lost. While Alaska seen the smallest decease in unemployment by just 100. And again Louisiana is the only state to see an increase in employment since January by +0. percent. Louisiana seems right now in this economic bad time has no effect on the job level. Since last February, Louisiana has seen an increase in jobs by +0. 3 percent. Louisiana along other states (Wyoming, Alaska, and North Dakota) have seen an increase in jobs with Wyoming leading the way with a +1. 6% increase. Let take a different take on unemployment by breaking it down by regions. Which region would you think would have the biggest l ost in jobs? Was it the Northeast, the south, Midwest or the West. Well in fact it was the West (9. 2) and The Midwest (8. 6%). This really don’t surprise me since most of the automobile manufactories are based out in these areas with the trouble they have been having with the ill stated economy we are in right now. While the Northeast seen the lowest unemployment rate at a 7. 7%. While all of the four regions reported a jobless rate increases from February 2008 until February 2009, the largest increase in the unemployment rate was the West at a +3. %. The one state that has suffered the most in the state unemployment stat was again Michigan at an astonishing 12. 0%. While Wyoming had the lowest at 3. 9% unemployment rate, while Louisiana had an unemployment rate of 5. 7%. Louisiana has seen an increase in unemployment since February 2008 until now by 1. 9%. Michigan on the other hand has seen an increase by nearly 5% from one year ago. The unemployment rates in the United States have seen a drastic change since 2008 and so on. Many because of the tough economic times we are in. Most job losses came from the manufacturing area because of great fear of the economy and the cut backs that companies have to make due to the hard times. Although some states haven’t been hit as hard as others, like for example Louisiana, we have actually seen an increase in jobs from January 2009 until now, while others have lost more than 100,000+ jobs like in Michigan. Works Cited

Koss management Case Essay

1. Why might Koss management have placed so much trust in Sachdeva, along with minimal supervision and monitoring? Koss management might have placed so much trust in Sachdeva because she was is such a high position. She worked in the company as Vice President, when you are that high on the totem pole, you are given trust that you know what you are doing and that you want what is best for the company. Companies don’t hand out positions to people that have no clue as to what they are doing as well as someone that they believe will ruin the company. The same thing goes along with having minimal supervision and monitoring. She was a Vice President, someone that was supposed to be trusted, someone who was a leader, someone who was supposed to set an example. It just goes to show you that it is not always the person on the bottom of chain that needs to be watched. It is easier for higher up management and owners to sneak money away than the one who have minimal access to records and bank statements. 2. What was Grant Thornton’s obligation to uncover the fraud? Grant Thornton was Koss’s internal auditor. An internal auditor is defined as â€Å"An independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.† (p. 23-24) As the auditor for this business, Grant was supposed to make sure that every piece of financial information was in its right place as well as wrote and calculated right. Clearly Thornton did not do his job the right way. By looking at the numbers provided, any auditor could see that something is not right in the company. After seeing it, the auditor would address the issue and deal with it the proper way. I have a feeling he knew all along what was going on but was too afraid to open his mouth. 3. Why should Sachdeva’s lavish lifestyle have raised suspicions? Why might it have been ignored or explained away by her professional colleagues? Sachdeva’s lavish lifestyle should have raised red flags soon after it started to happen. It should  because most people that work in a company roughly know how much each person makes. After seeing her spend the money she was someone should have investigated a little more. I mean it is possible for a Vice President of a company to be rich, but for a life style to go to the extreme as spending $1.4 million on a shopping spree is questionable. One of the number one ways to detect fraud is by a change in lifestyles. Her new lifestyle could have been ignored because of her job title. No one wants to question their boss, let alone someone higher up in management. By doing that, all you are asking for is to get fired. In the book it says that people assumed she used family money or her husbands, but not one person questioned her about it. (p. 116) No one wanted to be the one that was questioning the boss. It is much easier to turn and look the other way than stand up in what you b elieve. 4. How could management, the audit committee, and the auditors have been more professionally skeptical in this situation? The audit committee and the auditors could have checked financial more often than what they did. When they noticed that the income was dropping quite a bit each year, they should have started looking at documents more closely as well as more often. The audit committee is supposed to speak with management on their findings. Well instead of talking to the President and Vice President, they should have only talked to the President. There was really no communication in this business when it came down to financials. It was basically whatever Sachdeva said was right. No one stepped up to double check her work and no one questioned it. Being a bigger company, more than one person should have defiantly doubled checked the financial statement. 5. What was the audit committee’s responsibility to notice that something looked amiss in the financial statements? The audit committee’s responsibility was to look over the accounting and financial reporting process as well as the financial statement audits; appoint, compensate and oversee the external auditor; and to ensure that the company has a whistleblower program. (p. 52) At first glance the committee could notice that something was not right with the company’s financial records. But nothing was done and nothing was said. 6. Sachdeva paid for her purchases using corporate credit cards. What internal controls could the company have used to prevent inappropriate use of the credit cards? One thing internal controls could have done was make Sachdeva turn in receipts along with a credit card statement at the end of each  month. By doing this, every dollar spent on company card can be accounted for. You can see not only where the money is going but what the money is spent on as well as the date and time it was spent. This is just one simple way to keep fraud down. Many companies require this every month with their employees. For every transaction where a receipt cannot be present is deducted from their pay check. Another thing the company could have done is set a limit on the card. By setting a limit, you can make sure amounts are not being spent that shouldn’t be. 7. Some reports have described Sachdeva as having a very dominating personality, and revelations were made about the fact that she would often be verbally abusive of her subordinates in front of top level managers at Koss. How should top-level managers have responded to this behavior? What actions could the subordinates have taken to respond to this behavior? Top-level management should have put a stop to it right at the start. By allowing it to happen, shows her that it was ok. If they would have stated something in writing and verbally, she may have either stopped or possibly could have be let go. Also by allowing this to happen, shows other employees that it is completely ok to act the way to other employees as well as people above her. Some actions that defiantly should have been taken would be to sit her down and just talk to her and let her know that it is not acceptable in the company, especially to her bosses. The next action would be like I said to have something in writing and have her sign it. Not only does this cover the company’s butt, but you have the proof that you said something to her. By doing this, she cannot come back and say that she wasn’t aware she was verbally abusing anyone and that nothing was brought up to her. References Rittenburg, Larry. Johnstone, Karla. Gramling, Audrey. (2012) Auditing: A Business Risk Approach 8e. Mason: South-Western, Cengage Learning.

Explain what Jean-Paul Sartre meant by the statement “Man is condemned to be free”. Essay

Jean-Paul Sartre was a French existentialist philosopher and was one of the leading figures in 20th century French philosophy. His major philosophical work, â€Å"Being and Nothingness† and his famous talk, â€Å"Existentialism is a Humanism†, is where he emphasised the statement â€Å"Man is condemned to be free†. The statement appears to be a juxtaposition of language because ‘freedom’ often has positive connotations while ‘condemned’ provides the opposite feeling. Sartre used the term ‘condemned’ as he believed we have no choice in the matter of being free, and being free (even if against our will) means we are responsible for all our actions. Being responsible for our actions – without having a choice about being free to choose – is a form of condemnation. Us having to accept full responsibility for our actions includes us not being able to blame those around us – such as family, teachers and the gov ernment – for our situation. In summary, man is condemned because â€Å"he did not create himself, yet is nevertheless at liberty, and from the moment that he is thrown into this world he is responsible for everything he does† (Kaufmann). In the face of this responsibility, many humans turn to religion. This allows us to feel answerable to a higher being. However, Sartre was not a believer in God; this could be because of the atrocities he witnessed first-hand during the Second World War while serving in the French army. His experiences taught him that â€Å"God is silent in the face of absurdity and horror. Because of this we are condemned to face life alone and with this comes absolute freedom and the chilling responsibility that comes with it.† If God truly doesn’t exist then our actions aren’t really limited by His prophecies, commandments and morals; God cannot legitimise our behaviour, or justify it, or cause it. We are ultimately responsible for our actions with no one to answe r because we have chosen them on our own, out of our freedom. Traditionally, freedom is seen as ‘good’. Sartre on the other hand describes freedom to be a kind of  burden because as God does not exist we are â€Å"without excuse† and we â€Å"can’t find anything to depend on†. Sartre illustrates his belief using the example of the paper cutter. When considering a paper cutter, we would assume that the creator had a plan (an essence) for it. Due to there being no creator of humans, we have no essence. This means that our actions and behaviour cannot be explained by referencing human nature, instead we are necessarily fully responsible for our actions. The essence or nature of a paper cutter is to cut paper; this is the purpose the maker of it had in mind. However, there was no maker or creator of human beings so we can’t refer to what we are meant to do. There is only what we choose to do. â€Å"We are left alone, without excuse.† To decide whether we are or are not â€Å"condemned to be free† it makes sense to decide whether our actions are truly free or if they may in fact be determined. Psychologists such as Sigmund Freud believe our early years have an impact on our future actions. Freud claimed that our moral actions are often caused by repressed or subconscious memories or feelings stemming from childhood. Also, B.F. Skinner said that we cannot be held morally responsible for behaviour determined by our psychological makeup because we could not have chosen to behave differently. Other thinkers, including Thomas Sowell, argue that our actions are in line with our social conditioning. We then follow a sociologically determined path set by our upbringing, education and social groups etc. Libertarianism has the major flaw of not taking into account our experiences when making decisions and when forming our morality. For instance, it is arguable that Sartre believed what he did because of the experiences he had during the war, not because of his freedom. Another valid argument is that genetics determine physical and behavioural aspects of humanity. All of these viewpoints state that humans are not free to choose and our lives and personalities are already determined (by our past experiences, psychological makeup, socialisation and genetics). There is truth in these theories and so they take credit away from Sartre’s belief that â€Å"man is condemned to be free† because they show that there are aspects of our lives where we aren’t free to choose. This means, in addition, that our responsibility is lessened somewhat as some of our actions are already determined for us. On the other hand, Sartre’s ideas are potentially credible. We have all had experiences where the need to choose between multiple actions has caused us emotional turmoil. It is  unlikely that in these s ituations we can avoid having to come to a decision. Although we are free to make this choice, we are in a way forced to make it. So, Sartre’s claim of humans being condemned or damned to be free does not appear so ludicrous. Even when we ask someone for assistance with an ethical dilemma it is not their answer that determines our solution and consequent action. It is our choice to ask them in the first place and usually we already know what they are going to say; we then decide whether to follow their advice. This again shows the extent of our freedom of choice and the lack of determining factors to suppress this ‘condemning’ freedom. In conclusion, Sartre examined the daunting nature of decision making and unlimited freedom. The moral responsibility we have in the case of absolute freedom is crippling and causes great despair. However, this approach could be incorrect because there are aspects of our lives and makeup that influence our behaviour. If an action is determined by factors outside our control, we may no t have the moral responsibility for it. From this viewpoint we are not condemned to freedom but it instead allows us some input into our behaviour and therefore our lives.

Finance and Management Essay Example | Topics and Well Written Essays - 1750 words

Finance and Management - Essay Example Product cost involves the determination of the cost incurred in the manufacturing of goods or provision of services. Manufacturing organizations, just as Worplestrop Partnership has to determine their products costs for two reasons. First is for decision-making and for the reason of external reporting. In manufacturing their products, Worplestrop Partnership would incur material costs, labor costs and other overhead costs that are associated with the manufacturing of the products (Hansen, Mowen & Guan, 2009). In determining the product cots for decision purposes, an organization will only use relevant costs to arrive at the cost of a product. This form of costing method is referred to as direct costing method. In this case, only the variable costs will be included since they are the ones that can influence the management decisions. Management has control on the costs and can formulate and implement decisions that can reduce the cost elements and increase the returns of the company (B aginski & Hassell, 2003). On the other hand, Worplestrop Partnership has to determine the product costs for the purposes of external reporting. Here product costs are determined to help arrive at the best price to charge for the manufactured products. All the costs that are incurred by the company including the overhead costs and other fixed costs are apportioned in order to charge them on the consumers’ of the manufacturing company’s products. This form of costing is referred to as absorption costing or total costing in which all costs direct and indirect, sunk, and future costs are used in settling at the selling price of the products. Absorption costing has the advantage of considering all the costs incurred by the business since even the fixed costs are incurred for the purposes of manufacturing (2002). Worplestrop Partnership should therefore calculate the product costs using the two approaches for the realization of the two different objectives i.e. management us e and external decisions. for the purpose of setting the product prices, Worplestrop should use absorption costing because it incorporates all the costs incurred by the business hence elaborate. Apart from the two costing methods, Worplestrop partnership could also use the activity based costing method or throughput method. In activity-based method, the organization will charge the overhead costs to the departments depending on the level of activity and the cost drivers. Here, Worplestrop would determine all the activity that increase the costs and determine the factors that increases the costs of the activities. From there, the management will allocate the overhead costs to the centers. This method will make managers control the costs and eliminate the unnecessary activities that do not add value to the business hence increasing the efficiency and effectiveness of the business (Hansen, Mowen & Guan, 2009). The method has widely been used by many organizations despite the fact that it is complex. The last accounting method is the throughput method in which the product price is determined by adding only the material costs used in the manufacturing of the products. All the other costs are expensed and are not included in the calculation of the final price. This method is easy to simple to use. However, the method is not recommended by the generally accepted accounting principles and should therefore not be employed. This

The Primary Benefits of Telenursing Assignment Example | Topics and Well Written Essays - 250 words

The Primary Benefits of Telenursing - Assignment Example The e-health practice is applicable in various avenues such as remote monitoring and patient consultations (Kumar & Snooks, 2011). Ethics is a core concept in nursing because of the sensitivity of the practice. Almost all nursing institutions incorporate the study of ethics in their curriculum in order to enable learners to practice fairly and efficiently in the field. The ethical principals in nursing entail caring, communication and relations between the nurses and the patients. These ethical principals provide guidelines to telenurses in an ethical dilemma situation. Telenursing has various ethical dilemmas like in cases where a third party person (relative) calls the telenurse on behalf of the patient. In this case, the ethical dilemma entails a conflict between the relative’s and patient’s autonomy as well as the telenurse’s desire to help (Kumar & Snooks, 2011). In addition, telenursing has other ethical issues such as confidentiality of the information because the patients rely on different methods of communication to explain their condition. Additionally, the information provided to the nurses may lack credibility especially in situations where the patient is a minor, and they cannot comprehend their condition effectively. Ethical principles such as listening and communication abilities enable the telenurses to establish a particular condition in a patient effectively. The nurses also apply various ethical principles to resolve a situation where the interests of the concerned parties’ conflict during a telenursing process (Kumar & Snooks).

Controlling at UPS Essay Example | Topics and Well Written Essays - 1250 words

Controlling at UPS - Essay Example As the report declares UPS has a firmly entrenched management development process that begins the first day of hire for a manager. This managerial development process is UPS’ method to instill effective planning within its daily operations as well as its overall strategy in response to constant innovation in its industry. Again, it’s one derived from the founder’s philosophy of â€Å"constructive dissatisfaction† which stipulates that management should never be content because operations are working, but should continually search for ways to improve on the positive. This paper stresses that when management is ingrained with this type of corporate culture it learns to plan as a matter of practice. UPS could not effectively be the company it is if each individual manager at each level treated his or her own area of responsibility as a fiefdom since each department relies on the functions of so many others. To institute this structured management training and to instill in employees that sense of responsibility and trust in the training of others to perform in the same manner, UPS has traditionally instituted all training in a classroom environment. Because UPS daily moves 6% of the Nation’s GDP, operates the 11th largest airline in the world, has the largest private wireless network, and operates the largest DB2 database outside of government. UPS has begun to incorporate its training and indoctrination programs into its corporate technology infrastructure: â€Å"The information services side of UPS recently transitioned much of its learni ng to an e-learning format†¦Ã¢â‚¬ .

International Trade 2 Essay Example | Topics and Well Written Essays - 250 words

International Trade 2 - Essay Example Free trade is not perfect and as you mentioned in your response it also has disadvantages. In the United States a lot of factories have closed down because the firm’s owners decided to move the operation oversees in search of cheaper labor and lower operating costs. I agree with you that imposing barriers of trade is a counterproductive strategy. Most countries around the world have moved away from protectionism practices that impose barriers of trade and instead they are joining the free trade movement. There are many bilateral and multilateral trade agreements worldwide including NAFTA, MERCOSUR, TPP, and G-3. You are correct in your premise that the decision of using free trade should be made by the governments of each nation. Sometimes governments have to move away from free trade in certain industries in order to protect a local product. Protectionism practices are often used in the agricultural industry. Trucknews.com. 23 March 2012. â€Å"NAFTA trade totals reach record level in 2011 at $904 billion. 8 April 2013.